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

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

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.

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

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

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