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Seagate to pay US$300 million penalty for shipping Huawei 7 million hard drives

Seagate Technology Holdings has agreed to pay a US$300 million penalty in a settlement with US authorities for shipping over US$1.1 billion worth of hard disk drives to China's Huawei in violation of US export control laws, the US Department of Commerce said on Wednesday (Apr 19). Seagate sold the drives t
United States Matthew Axelrod Us Department Of Commerce Commerce Department Us Senate Commerce Committee Western Digital

Exclusive: Seagate settles with U.S. for shipping $1.1 bln of hard drives to Huawei

Seagate Technology Holdings PLC has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of U.S. export control laws, the Department of Commerce said on Wednesday.
United States Matthew Axelrod Karen Freifeld Chris Sanders Us Senate Commerce Committee Seagate Technology Holdings

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