Huawei looks to be facing criminal charges in the U.S. which allege the company stole technology from US companies. A district judge in the US state of New York found Huawei engaged in racketeering to expand its brand, stole trade secrets from six companies and committed bank fraud in Iran.
The 16-count indictment is related to Huawei’s alleged control of Skycom, which is a company based in Hong Kong conducting business in Iran.
The judge stated prosecutors satisfactorily alleged Skycom “operated as Huawei’s Iranian subsidiary and ultimately stood to benefit, in a roundabout way” from more than $100 million in transfers through the US financial system, Reuters reported.
The vendor pled not guilty and attempted to dismiss 13 of the 16 counts. The news site reported a trial is scheduled for 4 May 2026.
The case dates back to 2019 when the US Department of Justice filed criminal charges against China-based Huawei. Company CFO Meng Wanzhou, the daughter of founder Ren Zhengfei, was also charged with bank fraud, wire fraud and conspiracy.
The US government dismissed the charges against Wanzhou in 2022 after being held in Canada for nearly three years on fraud charges.
Source: Mobile World Live/Reuters
Image Credit: Huawei