Chip Firm Arrow says its units should be removed from the US blacklist
Arrow Electronics Inc. said its affiliates would be removed from a US Commerce Department sanctions list, sparing the Colorado-based chip distributor’s subsidiaries from a possible ban on purchasing US technologies. The removals came less than two weeks after the Bureau of Industry and Security placed a handful of companies it said were linked to Arrow on its so-called entity list for allegedly helping Iranian proxies buy American technology. At the time, Arrow said its units complied with US regulations and that it was discussing the listings with the Commerce Department. Arrow spokesman John Hourigan said a Bureau of Industry and Security official notified the company on Friday that its affiliates would be removed from the list. One of the units named in the original notice, Arrow Electronics Co., Ltd., is actually unrelated to the company and appears to be a “copycat using a similar name,” Hourigan said. The bureau authorized Arrow to resume transactions with all of its affiliates prior to publication of the removal in the Federal Register, Hourigan said. In a letter seen by Bloomberg News, the BIS said that Arrow had permission to export, re-export or transfer quantities that did not exceed 110% of the items transferred during the 120 period prior to the entity’s listing. That temporary authorization is valid until Feb. 14 or a publication of the entity removal in the Federal Register, the letter said. The BIS remains “committed to ensuring that export restrictions are appropriately targeted to protect national security,” an agency spokeswoman said in a statement. The company declined to comment on the details of the letter. Several of this month’s entity list additions — including the now-removed Arrow affiliates — were linked to the discovery of US-sourced electronic components in pieces of unmanned aircraft systems operated by Iranian proxies since 2017. The components were found after examination of drone wreckage recovered by nations in the Gulf and Middle East, according to the initial blacklisting notice. It is rare to see US companies on the entity list. The US already considered restrictions on Arrow in 2020 when an Asian subsidiary was suspected of supplying technology to foreign military forces. At the time, Arrow said the description was a mistake and the subsidiary was not involved in military activities. ©2025 Bloomberg LP This article was generated from an automated news agency feed with no text modifications.