BREAKING NEWS:Huawei Facing Criminal Charges For Stealing Trade Secrets
Things have just got a whole lot worse for smartphone maker Huawei, who are still trying to convince Australian authorities, to lift a ban on the Company, after it was revealed that US Federal prosecutors are pursuing a criminal investigation of the Chinese Company.
The Company has been accused of allegedly stealing trade secrets from U.S. business partners, including the technology behind a robotic device called “Tappy” that T-Mobile used to test smartphones, according to people familiar with the matter.
According to the Wall Street Journal the investigation grew in part out of civil lawsuits against Huawei, including one in which a Seattle jury found Huawei liable for misappropriating robotic technology from T-Mobile’s lab, the people familiar with the matter said.
The probe is at an advanced stage and could lead to an indictment soon, they said.
Huawei has long been under scrutiny by the U.S and of late Australian authorities, both the Australian and US governments have effectively blocked the Chinese telecom company from installing its equipment in major carrier networks because of concerns that its gear could be used to spy on Australians and US nationals.
This week a Huawei executive Wang Weijing was charged by Polish authorities with conducting espionage on behalf of the Chinese government.
Huawei wasn’t accused of wrongdoing, and the company on Saturday terminated Mr. Wang’s employment.
Just before Christmas Canadian authorities arrested Huawei Chief Financial Officer Meng Wanzhou at the request of U.S. authorities.
Ms. Meng, the daughter of company founder Ren Zhengfei, is accused of misleading banks about the nature of Huawei’s business in Iran, leading to violations of U.S. sanctions on the country.
A Justice Department spokesman declined to comment.
The federal investigation puts added pressure on the Chinese technology giant, the world’s largest maker of telecommunications equipment and the No. 2 maker of smartphones worldwide.
It comes amid a broader push by the Trump administration to aggressively pursue claims of intellectual property theft and technology transfer by Chinese companies.
Huawei has forcefully denied that it is a security threat, says it is owned by its employees and operates independently of the Beijing government.