Seagate continued to sell hard drives to Huawei despite tightened export controls imposed on Huawei in 2020, the Commerce Department said.
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Two subsidiaries of
PLC have agreed to pay $300 million for violating export restrictions placed on Huawei Technologies Co. over fears the Chinese telecommunications company posed a threat to U.S. national security.
The data-storage equipment provider continued to sell hard drives to Huawei despite tightened export controls imposed on Huawei in 2020, the U.S. Commerce Department said Wednesday.
The fine is the largest stand-alone administrative penalty imposed in the history of the Commerce Department’s Bureau of Industry and Security, which administers and enforces U.S. export controls.
in a statement on Wednesday acknowledged the agreement.
“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,” the company said.
The Commerce Department’s settlement with Seagate comes after a group of Senate Republicans in 2021 released a report alleging the company had supplied a substantial share of Huawei’s estimated $800 million worth of annual purchases of hard-disk drives.
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