Bosch to pay $36 million penalty for $72 million in ‘illicit’ sales to Huawei — German company sold export-controlled goods and software to banned Chinese firm between 2020 and 2024
Bosch has agreed to pay a $36 million penalty to the U.S. government for selling over $72 million worth of goods and software containing U.S.-origin technology to Huawei. The company's non-U.S. subsidiaries unintentionally made these sales between 2020 and 2024, violating U.S. export control regulations. The U.S. Justice Department suspended its investigation into Bosch due to the company's voluntary disclosure and cooperation, highlighting the benefits of prompt self-reporting and remediation. AI
