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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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