According to Reuters, the U.S. Department of Commerce said on Wednesday local time that Seagate, a major mechanical hard drive manufacturer, has agreed to pay a $300 million fine for violating regulations on supplying Huawei.Reached a settlement with U.S. authorities over the shipment of more than $1.1 billion worth of hard drives to China’s Huawei in violation of U.S. export control laws.

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