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Seagate Fined $US300 ($416) Million for Selling Hard Disk Drives to Blacklisted Huawei

April 21, 2023
Source: gizmodo.com.au gizmodo.com.au
News Snapshot:
Seagate Fined $US300 ($416) Million for Selling Hard Disk Drives to Blacklisted Huawei US computer storage giant Seagate has been fined $US300 ($416) million for shipping over 7 million hard disk drives to Huawei despite a Commerce Department ban prohibiting exports to the Chinese tech company. The fine marks the largest penalty lodged against a company for doing business with Huawei since it was added to the trade blacklist and comes amid a rapidly escalating tech war between the US and China. The Commerce Department claims Seagate sent 7.4 million hard disk drives (HDDs) to Huawei between August 2020 and...
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