Seagate hit with huge fine for selling hard drives to Huawei

Seagate has been landed with a $300 million fine after allegedly selling storage devices to Huawei without the relevant license for a period of more than 12 months.Between August 2020 and September 2021, the company reportedly raked in $1.1 billion in revenue for selling 7.4 million hard drives over the course of 429 separate transactions with the Chinese tech pariah.The settlement agreement between Seagate’s subsidiaries and the US Department of Commerce’s Bureau of Industry and Security (BIS) will see

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