Hard drive exports to Huawei result in a $300 million fine from the United States.
Seagate, a technology company, has been fined $300 million (£241 million) by US authorities for allegedly violating export controls for hard disk drives to Huawei in China. According to the Department of Commerce, after export controls were implemented in 2020, Seagate Technology shipped goods to Huawei worth more than $1.1 billion. The latest action taken…