Huawei hit with criminal charges over tech 'theft'

Virginia Carson
January 29, 2019

The United States filed charges on Monday against Huawei Technologies, contending that the Chinese telecommunication giant had stolen trade secrets from a telecoms rival and violated U.S. sanctions against doing business with Iran.

Prosecutors say that Huawei stole trade secrets from T-Mobile, and that it offered bonuses to employees who were successful in obtaining technology from rivals. Huawei has said the two companies settled their dispute in 2017.

Meng was arrested in December in Canada at the behest of the USA, which is attempting to extradite her. Meng specifically is charged with wire fraud and bank fraud, as well as conspiracy to commit wire and bank fraud.

Meng Wanzhou has been officially charged two months after she was arrested at the Vancouver Airport.

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We will follow this up with even colder conditions and an extended period of time where temperatures don't climb above zero. Heavy snow was said to be possible for the north, with moderate snow area-wide and blowing snow Monday afternoon.

That plot appeared to thicken Monday when, less than an hour before the Department of Justice news conference was to begin, the White House announced that its team of high-level economic advisers would meet a delegation from China on Wednesday for two days of trade talks. US President Donald Trump said he would get involved in the Huawei case if it would help produce a trade agreement with China and told Reuters in an interview in December that he would "intervene if I thought it was necessary".

Engadget has contacted Huawei for comment.

Huawei has been the target of a broad US crackdown, including allegations it sold telecommunications equipment that could be used by China's Communist Party for spying.

The Trump administration is trying to prevent American companies from buying Huawei routers and switches and pressing allies to do the same.

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And he refused to answer a question on whether or not Trump would take less than the $5.7 billion. Mulvaney said, "No one wants [another] government shutdown ".

"This is something the United States will not stand for, and we're going to continue to investigate and prosecute these types of cases, because ultimately it undermines the national security and economic security of our country". It mostly boils down to the Chinese tech giant's alleged business in Iran that violated USA laws. Huawei relied on dishonest business practices. Sources said the bank is HSBC Holdings Plc, which paid $1.92 billion in 2012 for violating US anti-money-laundering and sanctions laws.

"For over a decade, Huawei employed a strategy of lies and deceit to conduct and grow its business". It breaks down to 13 counts of financial fraud, Iran sanctions violations, and money laundering, and 10 counts of theft and charges stemming from that action.

The Justice Department views Meng's criminal case as separate from the trade issues.

Senator Mark Warner, a Democrat and the vice chairman of the Senate Select Committee on Intelligence, praised the charges brought on Monday.

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Trump spoke with both of them this week, according to Moore's office and a tweet from Chatfield. At that time, there was no thought that the government would still be shut down.

Wray said firms like Huawei "pose a dual threat to both our economic and national security, and the magnitude of these charges make clear just how seriously the Federal Bureau of Investigation takes this threat".

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