Latest indictment also accuses Huawei of falsely reporting to banks that it has no business in N. Korea. FMTNews US Huawei
NEW YORK: US prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the US battle with the world’s largest telecommunications equipment maker.
The indictment is “part of an attempt to irrevocably damage Huawei’s reputation and its business for reasons related to competition rather than law enforcement,” Huawei said in a statement. Its chief financial officer Meng Wanzhou was arrested in December 2018 in Canada on charges in that indictment, causing an uproar in China and a chill in Canadian-Chinese relations. She has said she is innocent and is fighting extradition.The new trade secret theft charges relate to internet router source code, cellular antenna technology, and robotics.
Huawei is also accused of recruiting employees from other companies, making efforts to get intellectual property from those companies, and using professors at research institutions to obtain technology. It references reporting by Reuters from seven years ago about Huawei’s ties to Skycom Tech Co Ltd, which offered to sell US origin goods to Iran, in violation of US law.
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