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The Independent UK
The Independent UK
National
Via AP news wire

Hard-drive maker Seagate Tech faces China sanctions warning

Seagate China Department of Commerce Seagate Technology Huawei
Copyright 2022 The Associated Press. All rights reserved

Seagate Technology said Thursday the U.S. Department of Commerce has warned it may charge the computer hard-drive maker with violating restrictions on exports of high-tech products to China.

The company said in an SEC filing that it rejected the allegations. It says its hard disc-drives are not subject to U.S. Export Administration regulations, but troubles over the issue could affect its business.

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