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Bosch Pays Millions in U.S. Fine for Huawei Shipments
๐Ÿ‡ฆ๐Ÿ‡น Austria /Economy & Trade

Bosch Pays Millions in U.S. Fine for Huawei Shipments

From Die Presse · () German

Translated from German, summarized and contextualized by DistantNews.

At a glance

News From a news agency Context piece
  • Bosch has agreed to pay a $36 million fine to the United States for supplying sensors and software to Huawei without proper licenses.
  • Two Bosch subsidiaries allegedly delivered goods worth over $70 million between 2020 and 2024.
  • The U.S. Department of Justice dropped its investigation, acknowledging Bosch's self-disclosure and cooperation.

Bosch will pay a multi-million dollar penalty in the United States for supplying components to the Chinese technology giant Huawei. The Stuttgart-based company has agreed to a $36 million fine, approximately 31.06 million euros, as announced by the U.S. Department of Commerce.

According to the U.S. authorities, two foreign subsidiaries of Bosch are accused of delivering sensors and software for mobile phones valued at over $70 million without the necessary licenses. These alleged deliveries occurred between 2020 and 2024 and involved more than 100 separate instances. Huawei is currently on a U.S. blacklist, which restricts its access to American technology and requires special authorization for the export of certain products based on U.S. technology.

Bosch stated that the violations were unintentional. The U.S. Department of Justice decided to drop its investigation and forgo criminal prosecution. This decision was influenced by Bosch's proactive self-disclosure of the misconduct and its full cooperation with the authorities. John A. Eisenberg, the Deputy Assistant Attorney General for National Security, highlighted the benefits of such transparency, noting, "This demonstrates the clear advantages for companies that promptly report potential violations and fully support investigations."

In addition to the fine, Bosch has agreed to forfeit profits derived from these transactions. This payment will be credited towards the settlement with the Department of Commerce. Bosch, which reported revenues of around $90 billion in 2024, has reportedly revised its compliance programs to prevent future violations.

This demonstrates the clear advantages for companies that promptly report potential violations and fully support investigations.

โ€” John A. EisenbergU.S. Deputy Assistant Attorney General for National Security, commenting on Bosch's cooperation.
DistantNews Editorial

Originally published by Die Presse in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.