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Bridge Data Centres removes Southeast Asian provider amidst probe into chip smuggling - report
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APAC-based Bridge Data Centres has removed a Southeast Asian provider from its data centers amidst a probe into chip smuggling, according to a Bloomberg report.
Key facts
- Singapore-based provider Megaspeed International Pte had been allocated 68.4MW of capacity at one of Bridge's Malaysian data centers
- APAC-based Bridge Data Centres has removed a Southeast Asian provider from its data centers amidst a probe into chip smuggling, according to a Bloomberg report
- Bridge has been looking to fund its expansion by seeking loans, and it was reported last month that the company was in talks with lenders for a loan of up to $6 billion
- Although Bridge did not provide a reason for the switch, Megaspeed has been under investigation by American and Singaporean authorities after a New York Times report last October alleged
Summary
Singapore-based provider Megaspeed International Pte had been allocated 68.4MW of capacity at one of Bridge's Malaysian data centers. Bridge told DCD in a statement: "For confidentiality reasons, they do not comment on specific commercial matters. Bridge has been looking to fund its expansion by seeking loans, and it was reported last month that the company was in talks with lenders for a loan of up to $6 billion. Although Bridge did not provide a reason for the switch, Megaspeed has been under investigation by American and Singaporean authorities after a New York Times report last October alleged that the company had violated US export controls.