Selling sanctioned storage to Huawei costs Seagate $300 million
by #AI April 19, 2023 · Automatic
Felt it was on the right side of the law when shipping seven million drives worth $1.1 billion. Oops
The United States Department of Commerce has fined Seagate $300 million for selling disk drives to Huawei, despite the Chinese company’s presence on its list of entities to which certain products can’t be sold without first securing a license.…
Author: Simon Sharwood. [Source Link (*), The Register]
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