Header Ads

Home > Android > Android Authority > Seagate fined $300 million after getting caught selling hard drives to Huawei

Seagate fined $300 million after getting caught selling hard drives to Huawei

1:54 PM ,
HUAWEI Logo angled MWC 2022
Credit: Eric Zeman / Android Authority
  • The US government implemented a rule to restrict sales of certain foreign items made with US technology to HUAWEI.
  • Seagate was caught selling hard drives to the blacklisted company.
  • Seagate will now pay $300 million in a settlement with US authorities.

Seagate, the company best known for its data storage solutions, has landed in some hot water. The company is now facing a hefty fine, as well as other penalties, for selling hard drives to Chinese tech manufacturer HUAWEI.

The US Department of Commerce claims that Seagate violated US export laws when it sold hard drives to HUAWEI. Between August 2020 and September 2021, it’s said Seagate shipped 7.4 million hard disk drives (HDD) — worth over $1.1 billion in total — to the blacklisted company.



from Android Authority https://ift.tt/uH21WQp

Post a Comment

No comments

Subscribe to: Post Comments ( Atom )
Powered by Blogger.