LEGAL PROCEEDINGS
−Removed: As previously disclosed, the DOJ commenced an investigation into the Company’s compliance with export control regulations relating to its business transactions with Huawei and its affiliates (“Huawei”), which were added to the “Entity List” by the DOC in May 2019.
−Removed: The Company has been cooperating fully with federal authorities in the investigation.
−Removed: In connection with this investigation, DOC previously requested the Company to suspend shipments of its products to Huawei.
−Removed: The Company complied with such request, and the Company has not shipped any product to Huawei after December 31, 2019.
−Removed: On January 19, 2024, DOJ informed the Company that it has closed such investigation without any charges.
−Removed: The Company continues to cooperate with the DOC in the ongoing civil investigation.
+Added: As previously disclosed, the Company continues to cooperate with the Department of Commerce (“DOC”) in connection with its ongoing investigation of the Company’s export control practices.
DOC has not informed the Company of any specific timeline or schedule under which DOC will complete its review.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.