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Engadget
10 hours ago
- Business
- Engadget
US judge rules Huawei must answer criminal charges about alleged Iran deal
A US judge has ruled that Huawei must stand trial following a 16-count indictment from 2019 accusing the Chinese telecommunications company of trying to steal trade secrets from its US rivals and selling surveillance equipment to Iran despite trade sanctions, according to a report by Reuters . A trial is currently set for May 4, 2026. US District Judge Ann Donnelly found sufficient evidence in the indictment to refute the company's bid for dismissal. In a 52-page decision, the Brooklyn judge ruled that its arguments for dismissal were premature. The indictment alleges that Huawei engaged in racketeering, stole trade secrets from six companies and committed bank fraud by misleading the financial organizations about its work in Iran. Your Yahoo privacy setting is blocking social media and third-party content You can Allow your personal information to be shared and sold. Something went wrong. Try again. You can update your choice anytime by going to your privacy controls, which are linked to throughout our sites and apps. This page will now refresh. The Iran accusations stem from Huawei's alleged control over a Hong Kong-based company called Skycom, which did business in that country. Donnelly said that prosecutors successfully alleged that Skycom "operated as Huawei's Iranian subsidiary and ultimately stood to benefit" from over $100 million in money transfers through the US financial system. Huawei has pleaded not guilty and sought to dismiss 13 of the 16 counts , referring to itself as "a prosecutorial target in search of a crime." The case goes all the way back to 2019 during President Trump's first term and coincided with the Department of Justice launching an investigation into China's alleged theft of intellectual property. Chinese officials have accused the US government of "economic bullying" and of using national security concerns as a pretext for "oppressing Chinese companies." The company's CFO Meng Wanzhou, whose father founded the company, was arrested and detained in Canada for three years on allegations that Huawei violated sanctions with Iran. Wanzhou was eventually released and the charges were dismissed. Your Yahoo privacy setting is blocking social media and third-party content You can Allow your personal information to be shared and sold. Something went wrong. Try again. You can update your choice anytime by going to your privacy controls, which are linked to throughout our sites and apps. This page will now refresh. The US government began restricting Huawei's access to American technology in 2019, citing security concerns. The company struggled to maintain its market share with these restrictions in place , but has since ramped up its own development of chips and related technologies. The company also shifted its focus to the Chinese market.
Boston Globe
17 hours ago
- Business
- Boston Globe
US judge says China's Huawei Technologies must face criminal case for racketeering and other charges
The U.S. accuses Huawei and some of its subsidiaries of plotting to steal U.S. trade secrets, installing surveillance equipment that enabled Iran to spy on protesters during 2009 anti-government demonstrations in Iran, and of doing business in North Korea despite U.S. sanctions there. During President Donald Trump's first term in office, his administration raised national security concerns and began lobbying Western allies against including Huawei in their wireless, high-speed networks. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up In its January 2019 indictment, the Justice Department accused Huawei of using a Hong Kong shell company called Skycom to sell equipment to Iran in violation of U.S. sanctions and charged its chief financial officer, Meng Wanzhou, with fraud by misleading the HSBC bank about the company's business dealings in Iran. Advertisement Meng, the daughter of Huawei's founder, was arrested in Canada in late 2018 on a U.S. extradition request but released in September 2021 in a high-stakes prisoner swap that freed two Canadians held by China and allowed her to return home. Chinese officials have accused the U.S. government of 'economic bullying' and of improperly using national security as a pretext for 'oppressing Chinese companies.' In their motion to dismiss the broad criminal case, among other arguments Huawei's lawyers contended that the U.S. allegations were too vague and some were 'impermissibly extraterritorial,' and do not involve domestic wire and bank fraud. Advertisement The biggest maker of network gear, Huawei struggled to hold onto its market share under sanctions that have blocked its access to most U.S. processor chips and other technology. The limits led it to ramp up its own development of computer chips and other advanced technologies. The company also shifted its focus to the Chinese market and to network technology for hospitals, factories and other industrial customers and other products that would not be affected by U.S. sanctions.
Business Times
a day ago
- Business
- Business Times
China's Huawei must face US criminal charges, judge rules
[NEW YORK] A US judge on Tuesday (Jul 1) rejected Huawei Technologies' bid to dismiss most of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from US rivals, and misleading banks about its work in Iran. In a 52-page decision, US District judge Ann Donnelly in Brooklyn found sufficient allegations in the 16-count indictment that Huawei engaged in racketeering to expand its brand, stole trade secrets from six companies, and committed bank fraud. The Iran accusations stemmed from Huawei's alleged control of Skycom, a Hong Kong company that did business in that country. Donnelly said prosecutors satisfactorily alleged Skycom 'operated as Huawei's Iranian subsidiary and ultimately stood to benefit, in a roundabout way', from more than US$100 million of money transfers through the US financial system. Huawei has pleaded not guilty and had sought to dismiss 13 of the 16 counts, calling itself 'a prosecutorial target in search of a crime'. A trial is scheduled for May 4, 2026, and could last several months. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Neither Huawei nor its lawyers immediately responded to requests for comment. A spokesperson for Interim US attorney Joseph Nocella in Brooklyn declined to comment. The criminal case began during US President Donald Trump's first term in 2018, the same year the Department of Justice launched its China Initiative to address Beijing's alleged theft of intellectual property. Huawei chief financial officer Meng Wanzhou, whose father founded the company, had been a defendant, and was detained in Canada for nearly three years before being allowed to return to China. Charges against her were dismissed in 2022. In 2022, president Joe Biden's administration scrapped the China Initiative, after critics said it amounted to racial profiling and caused fear that chilled scientific research. Based in Shenzhen, Huawei operates in more than 170 countries and has about 208,000 employees. The US government has restricted Huawei's access to American technology since 2019, citing national security concerns. Huawei denies it is a threat. REUTERS
South China Morning Post
a day ago
- Business
- South China Morning Post
China's Huawei must face US criminal charges, judge rules
A US judge on Tuesday rejected Huawei Technologies' bid to dismiss most of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from US rivals and misleading banks about its work in Iran. Advertisement In a 52-page decision, US District Judge Ann Donnelly in Brooklyn found sufficient allegations in the 16-count indictment that Huawei engaged in racketeering to expand its brand, stole trade secrets from six companies, and committed bank fraud. The Iran accusations stemmed from Huawei's alleged control of Skycom, a Hong Kong company that did business in that country. Donnelly said prosecutors satisfactorily alleged Skycom 'operated as Huawei's Iranian subsidiary and ultimately stood to benefit, in a roundabout way', from more than US$100 million of money transfers through the US financial system. Huawei has pleaded not guilty and had sought to dismiss 13 of the 16 counts, calling itself 'a prosecutorial target in search of a crime'. Advertisement A trial is scheduled for May 4, 2026, and could last several months.
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Business Standard
a day ago
- Business
- Business Standard
US judge rules Huawei to face criminal charges over tech theft, Iran ties
A US judge on Tuesday rejected Huawei Technologies' bid to dismiss most of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from US rivals, and misleading banks about its work in Iran. In a 52-page decision, US District Judge Ann Donnelly in Brooklyn found sufficient allegations in the 16-count indictment that Huawei engaged in racketeering to expand its brand, stole trade secrets from six companies, and committed bank fraud. The Iran accusations stemmed from Huawei's alleged control of Skycom, a Hong Kong company that did business in that country. Donnelly said prosecutors satisfactorily alleged Skycom "operated as Huawei's Iranian subsidiary and ultimately stood to benefit, in a roundabout way," from more than $100 million of money transfers through the US financial system. Huawei has pleaded not guilty and had sought to dismiss 13 of the 16 counts, calling itself "a prosecutorial target in search of a crime." A trial is scheduled for May 4, 2026, and could last several months. Neither Huawei nor its lawyers immediately responded to requests for comment. A spokesperson for Interim US Attorney Joseph Nocella in Brooklyn declined to comment. The criminal case began during US President Donald Trump's first term in 2018, the same year the Department of Justice launched its China Initiative to address Beijing's alleged theft of intellectual property. Huawei Chief Financial Officer Meng Wanzhou, whose father founded the company, had been a defendant, and was detained in Canada for nearly three years before being allowed to return to China. Charges against her were dismissed in 2022. In 2022, President Joe Biden's administration scrapped the China Initiative, after critics said it amounted to racial profiling and caused fear that chilled scientific research. Based in Shenzhen, Huawei operates in more than 170 countries and has about 208,000 employees. The US government has restricted Huawei's access to American technology since 2019, citing national security concerns. Huawei denies it is a threat.
