Seagate Fined $300 Million for Selling Hard Disk Drives to Blacklisted Huawei
“While we believed we complied with all relevant export control laws at the time we made the hard disk drive sales at issue, we determined that engaging with BIS and settling this matter was the best course of action.”
“Even after Huawei was placed on the Entity List for conduct inimical to our national security, and its competitors had stopped selling to them due to our foreign direct product rule, Seagate continued sending hard disk drives to Huawei,” Commerce Department Assistant Secretary for Export Enforcement Matthew S. Axelrod said in a statement. “Today’s action is the consequence: the largest standalone administrative resolution in our agency’s history.
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