HuaweiPrivate▼ Negative
Regulationrelevance
Huawei was the recipient of unlicensed shipments, which may disrupt its supply chain or create compliance risks.
German technology company Robert Bosch agreed to pay $36 million to U.S. authorities for shipping over $70 million worth of sensor products and software for cell phones to China's Huawei, the U.S. Commerce Department said on Wednesday. Two non-U.S. Bosch subsidiaries exported the goods and software between 2020 and 2024 on over 100 occasions without a license, according to a settlement agreement. The violations were unintentional, Bosch said in a statement, and the company self-disclosed the misconduct. The U.S. Justice Department agreed to close its related investigation and declined to prosecute, with Bosch agreeing to disgorge profits from the transactions at issue. Bosch, headquartered in Stuttgart, said it had enhanced its trade compliance program to prevent future violations.
Huawei was the recipient of unlicensed shipments, which may disrupt its supply chain or create compliance risks.