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The US Hits Huawei With New Charges of Trade Secret Theft

The US Hits Huawei With New Charges of Trade Secret Theft

The indictment alleges that as long ago as 2000, Huawei stole trade secrets from at least six US companies.

The new filing incorporates charges from an earlier indictment, released last year, alleging that Huawei misled banking partners about violations of US sanctions against Iran and that the company stole trade secrets from T-Mobile.

The RICO charges give prosecutors yet another way to block Huawei from US banks if it isn’t convicted on the fraud charges.

So did Motorola, which sued Huawei in 2010 alleging that the Chinese company had knowingly received Motorola trade secrets.

Previous allegations against Huawei came from a former employee of the defunct Canadian telecommunications equipment company Nortel.

Source: www.wired.com
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