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.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.