US imposes US$300 million penalty on Seagate over Huawei shipments
The US Bureau of Industry and Security says Seagate continued doing business with Huawei despite export control regulations introduced in 2020. – AFP pic, April 20, 2023.
US authorities yesterday imposed a US$300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said. The manufacturer was involved in the shipment of hard disk drives valued over US$1.1 billion to Huawei entities despite US controls.
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