Robert Bosch will pay the United States $36 million to settle claims linked to unlicensed shipments to Huawei, the U.S. Commerce Department announces. The settlement involves two of Bosch’s non-U.S. subsidiaries that shipped sensor-related products and software to China’s Huawei without the required export licenses. The goods in question have a total value of more than $70 million and were shipped as part of more than 100 outbound shipments, according to the announcement. The payment resolves allegations tied to export-control compliance requirements for technology and related items transferred to Huawei. The U.S. government characterizes the matter as involving exports made without proper authorization, while Bosch agrees to the settlement terms as part of the resolution. The reports state that the announcement is made by the U.S. Commerce Department and that the settlement amount is $36 million, with the underlying shipments exceeding $70 million in value. No additional details on the specific licensing failures, timeline, or remedial measures are included in the provided excerpts.
Bosch to pay US$36 million over unlicensed shipments to Huawei
Robert Bosch will pay the United States $36 million to settle claims linked to unlicensed shipments to Huawei, the U.S. Commerce Department announces. The settlement involves two of Bosch’s non-U.S. s...
- Bosch agrees to pay $36 million to the United States to settle related export claims.
- The U.S. Commerce Department announces the settlement.
- Two Bosch non-U.S. subsidiaries allegedly shipped sensor products and software to Huawei without required licenses.
- The shipped goods are valued at more than $70 million and involved over 100 shipments.
- The matter concerns unlicensed exports under U.S. export-control requirements.
Robert Bosch, the German engineering group, has agreed to pay the United States $36m to settle claims that two of its non-US subsidiaries shipped sensor products and software to China’s Huawei without the required licences. The US Commerce Department announced the settlement on Wednesday. The goods, worth more than $70m, went out on over 100 […] This story continues at The Next Web
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