Department of Commerce
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.
The manufacturer was involved in the shipment of hard disk drives valued over $1.1 billion to Huawei entities despite U.S. controls.