Friday 30 August 2019

U.S. prosecutors investigate Huawei over its alleged theft of trade secrets

Back in January, the U.S. Justice Department issued a 13 charge indictment against Huawei related to business that the company did with Iran. The country was under economic sanctions in the U.S. and Huawei, two of its affiliates (Huawei Device USA and Skycom Tech) and CFO Meng Wanzhou were charged with committing various crimes including bank fraud. The company was also criminally charged with stealing technology belonging to a phone testing robot from T-Mobile called "Tappy." Huawei previously lost a civil suit over this matter and was ordered to pay the wireless operator $4.8 million.

Yesterday, ...

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