Seagate hit with $300M penalty for selling sanctioned storage to Huawei
They had 1.65B net income in last year, and they have to pay 0.06B every year for five years, so it's around 4% of their net income. It's not business ending or severe but it isn't exactly cheap.<p>Also as the article notes, future years may not be as rosy and it will not be fun having a fixed cost hanging over their head.