Committee Investigation Suggests Leading Technology Company Violated Huawei-related Rule
U.S. Sen. Roger Wicker, R-Miss., ranking member of the Senate Committee on Commerce, Science, and Transportation, today released a report following a committee investigation that finds Seagate Technology likely in violation of the Foreign Direct Product Rule implemented by the Bureau of Industry and Security (BIS) at the Department of Commerce, which restricts Huawei’s access to sensitive technology. The investigation found that Seagate flouted the regulation designed to protect U.S. national security by making unlawful transactions with Huawei for as long as one year, allowing the company to gain significant profits as it monopolized the market.