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US imposes $300 mln penalty on Seagate over Huawei shipments

U.S. authorities on April 19 imposed a $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. ....

United States , Matthew Axelrod , Commerce Department , Seagate Technology , Bureau Of Industry , Huawei Technologies , Entity List , Assistant Secretary ,

BBCNEWS Asia Business Report June 4, 2024 01:38:00

Will be better outcomes, but it remains to be seen in right now, the situation is china is still pouring tons of money into this industry but it is not clearly going to have the results after all of this investment. results after all of this investment. ,, ., ., ., investment. seagate has agreed to -a a investment. seagate has agreed to pay a $300 investment. seagate has agreed to pay a $300 million investment. seagate has agreed to pay a $300 million in - investment. seagate has agreed to pay a $300 million in a - to pay a $300 million in a settlement with us authorities. the penalty comes after the data equipment provider was founded to export restrictions. the commerce department said the value of the hard disk drives that were amounted to about $1.1 billion. matter, the owner of facebook is embarking on another round of layoffs, and it started no notifying staff who are losing their jobs. the latest round of cuts was announced back in march and could affect some 10,000 jobs, a ....

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US officials fine Seagate $300 million over Huawei shipments

Despite US restrictions, the firm participated in the delivery of hard disc drives to Huawei businesses valued at over $1.1 billion ....

United States , Matthew Axelrod , Seagate Technology , Commerce Department , Bureau Of Industry , Huawei Technologies , Entity List , Assistant Secretary , Us Restrictions ,

US imposes $300m penalty on Seagate over Huawei shipments

WASHINGTON: United States authorities on Wednesday 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. ....

United States , Matthew Axelrod , Seagate Technology , Bureau Of Industry , Commerce Department , Huawei Technologies , Entity List , Assistant Secretary ,

(Reuters) Seagate Technology Holdings has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion ....

United States , Matthew Axelrod , Dave Mosley , Commerce Department Bureau Of Industry , Digital Corp , Commerce Department , Us Senate Commerce Committee , Reuters Seagate Technology Holdings , Toshiba Corp , Department Of Commerce , Technology Holdings , Entity List , Western Digital Corp , Commerce Committee , Northern Ireland ,