Bosch Agrees to Pay $36 Million Settlement for Unlicensed Shipments to Huawei
German technology company Robert Bosch has agreed to pay the U.S. Commerce Department $36 million as part of a settlement related to unlicensed shipments of sensor products and software to China's Huawei between 2020 and 2024. The violations, described by Bosch as unintentional, involved over 100 transactions conducted through two non-U.S. subsidiaries.