Huawei Faces Criminal Charges, Officials Say This Won’t Hurt US-China Trade Talks30

The day of reckoning has come for Huawei, as the U.S. Justice Department has unsealed a 13-count indictment against the world’s largest telecommunications equipment manager. Justice Department Charges Huawei The indictment alleges that Huawei, two affiliated companies, and its chief financial officer Meng Wanzhou committed fraud and conspiracy in connection with deals in Iran. Commerce Secretary Wilbur Ross stressed: These are law enforcement actions and are wholly separate from our trade negotiations with China. An indictment filed in Washington state accused the company of stealing trade secrets from T-Mobile USA Inc. and offering bonuses to employees who succeeded in getting technology from rivals, according

The post Huawei Faces Criminal Charges, Officials Say This Won’t Hurt US-China Trade Talks appeared first on CCN

Original source
https://www.ccn.com/huawei-faces-criminal-charges-officials-say-this-wont-hurt-us-china-trade-talks/

Add comment

Please Sign in to be able to leave comments.