Seagate Technology May Have Broken Export Rules Selling Hard Drives to Blacklisted Company: US Officials

Seagate Technology May Have Broken Export Rules Selling Hard Drives to Blacklisted Company: US Officials
The seal of the Department of Commerce is pictured in Washington on March 10, 2017. Eric Thayer/Reuters
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U.S. officials have accused Seagate Technology Holdings of potentially violating export control laws by selling hard disk drives to a customer on a U.S. trade blacklist.

Seagate, which manufactures computer hard drives, announced in a filing with the U.S. Securities and Exchange Commission on Oct. 26 that it had received a “proposed charging letter” from the U.S. Commerce Department’s Bureau of Industry and Security on Aug. 29 (pdf).
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