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Innosilicon

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Mining Machine Chip Quality Dispute Leads to Counterclaims with JCET; Mediation Follows Lost Case

    Innosilicon accused JCET of quality problems in packaging bitcoin mining machine chips and sought USD25 million in damages; JCET countersued for processing fees. In the first instance, Innosilicon's claim was rejected, and it was ordered to pay USD13.25 million in processing fees; in 2025, a separate US request sought enforcement in a US court of a USD28 million arbitration award against Innosilicon. In the second instance, mediation was reached and Innosilicon paid USD3 million.

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