Seagate agrees to pay a large Huawei-based fine

Seagate agrees to pay a large Huawei based fine


One of the biggest names in the storage market SeagateChinese Huawei to a serious fine sentenced.

United States Department of Commerce famous for its storage solutions that have agreed with Seagate for sending disk drives to Huawei, where the sale of products is prohibited without a license under the embargo. agreed to pay a $300 million fine. According to the statement, Seagate has given Huawei a total amount of money between August 2020 and September 2021. Sold 7.4 million hard drives worth $1.1 billion. The Ministry is responsible for the other two main hard disk suppliers (No name given but Considered to be Western Digital and Toshiba) said it stopped shipments to Huawei after the new rule went into effect in 2020, while Seagate did not. speaking before Ren Zhengfei, founder of Huaweisaid that due to the embargo, the company had replaced exactly 13 thousand components / parts used in its products with domestic Chinese alternatives in the last three years and redesigned 4 thousand circuit boards for its products.

YOU MAY BE INTERESTED

The company, which forcibly turned its face to Chinese-made technologies in its new products, was actually able to continue to use some US-based technologies after the embargo, because the US Department of Commerce officials took a step and made special arrangements for some American companies to sell certain goods and technologies to the company. granted licenses. For example, the processor giant Qualcomm, received permission to sell 4G smartphone processors to Huawei in 2020, which Huawei bought and used in many different smartphone models. However, this situation may also be over. Because according to Reuters These licenses will no longer be granted. According to the report, US officials are selling 4G products from domestic companies, including WiFi 6 – WiFi 7, artificial intelligence and cloud system components. It also works to prevent items below the 5G level from being sent to Huawei.. These new steps seem to break the commercial ties between the US companies and the company even more.

lgct-tech-game