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

Seagate’s hard-drive sales to Huawei result in US$300 million fine in US

The fine represents the largest stand-alone settlement in the history of the Bureau of Industry and Security, which first blacklisted Huawei in 2019.

Seagate to pay $300 million penalty for shipping Huawei hard drives in violation of US export control laws

Seagate Technology has agreed to pay a $300 million penalty in a settlement with US authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of US export control laws, the Department of Commerce said on Wednesday.

Seagate to Pay $300 Million Penalty for Shipping Huawei 7 Million Hard Drives

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

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

US Imposes $300 Million Penalty on Tech Firm Seagate over Huawei Shipments

US authorities on Wednesday 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. The manufacturer was involved in the shipment of hard disk drives valued over $1.1 billion to Huawei entities despite US controls. The violations, according to the Commerce Department, took place between August 2020 and Septembe…

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

Seagate to pay $300 million penalty for shipping Huawei 7 million hard drives (Adds Seagate comment in paragraph 8) By Karen FreifeldApril 19 Reuters) - 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. Seagate sold the driv…