TechThe Next Webabout 4 hours ago
Bosch to pay US $36m over unlicensed shipments to Huawei
1 min read
Bosch agreed to pay the US $36 million to settle claims that two non-US subsidiaries shipped sensor products and software to Huawei without required licenses. The goods, worth over $70 million, were exported on more than 100 occasions between 2020 and 2024. Bosch self-disclosed the violations, which the company described as unintentional.
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