7
Seagate To Pay $300 Million Penalty For Shipping Huawei 7 Million Hard Drives -...
source link: https://hardware.slashdot.org/story/23/04/20/0351225/seagate-to-pay-300-million-penalty-for-shipping-huawei-7-million-hard-drives
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Seagate To Pay $300 Million Penalty For Shipping Huawei 7 Million Hard Drives
Slashdot is powered by your submissions, so send in your scoop
binspamdupenotthebestofftopicslownewsdaystalestupid freshfunnyinsightfulinterestingmaybe offtopicflamebaittrollredundantoverrated insightfulinterestinginformativefunnyunderrated descriptive typodupeerror
Do you develop on GitHub? You can keep using GitHub but automatically sync your GitHub releases to SourceForge quickly and easily with this tool so your projects have a backup location, and get your project in front of SourceForge's nearly 30 million monthly users. It takes less than a minute. Get new users downloading your project releases today!
Sign up for the Slashdot newsletter! or check out the new Slashdot job board to browse remote jobs or jobs in your area
×
Sign up for the Slashdot newsletter! or check out the new Slashdot job board to browse remote jobs or jobs in your area
An anonymous reader quotes a report from Reuters: Seagate 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 drives to Huawei between August 2020 and September 2021 despite an August 2020 rule that restricted sales of certain foreign items made with U.S. technology to the company. Huawei was placed on the Entity List, a U.S. trade blacklist, in 2019 to reduce the sale of U.S. goods to the company amid national security and foreign policy concerns.
Seagate shipped 7.4 million drives to Huawei for about a year after the 2020 rule took effect and became Huawei's sole supplier of hard drives, the Commerce Department said. The other two primary suppliers of hard drives ceased shipments to Huawei after the new rule took effect in 2020, the department said. Though they were not identified, Western Digital and Toshiba were the other two, the U.S. Senate Commerce Committee said in a 2021 report on Seagate.
Seagate shipped 7.4 million drives to Huawei for about a year after the 2020 rule took effect and became Huawei's sole supplier of hard drives, the Commerce Department said. The other two primary suppliers of hard drives ceased shipments to Huawei after the new rule took effect in 2020, the department said. Though they were not identified, Western Digital and Toshiba were the other two, the U.S. Senate Commerce Committee said in a 2021 report on Seagate.
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK