The United States Filed Cases Against Chinese Tech Giant Huawei

The United States Filed Cases Against Chinese Tech Giant Huawei

Business

The U.S. Department of Justice disclosed that it is filing criminal charges against Chinese mobile maker Huawei. The move has escalated its fight against the Chinese tech giant. Besides, the move could complicate efforts by Washington and Beijing to arrange an end to their ongoing trade war. On Monday, the Department of Justice unveiled two cases against Huawei. The lawsuits describe a heap of charges against the company. A grand panel in Seattle has claimed Huawei with a practice to steal trade secrets. The company is also charged for attempting theft of trade secrets.

The cases allege Huawei encountered seven counts of wire fraud. One charge claims the company of attempting to steal trade secrets from another mobile company T-Mobile. Charges claim Huawei induced employees to collect the confidential data regarding contenders by offering perks to them. Another indictment charges the company functioned to sidestep US sanctions on Iran. The agency also disclosed formal claims against Huawei’s financial officer, Meng Wanzhou. Canadian police arrested Meng in December, and the U.S. is looking to deport her from Canada. Meng is the daughter of Huawei’s founder and president Ren Zhengfei. The U.S. Department of Justice claims Meng for conspiracy to commit bank and wire fraud. All in all, the charges consist bank and wire fraud and plan to oppose grand jury.

On the other hand, the tensions between the U.S. and China have raised over the previous year. The U.S. has yet to present evidence of its charges. Acting Attorney General Matthew Whitaker said the agency launched criminal charges against Huawei and its associates for about two dozen alleged crimes. He also said China must hold its residents and Chinese companies liable for complying with the law. A representative at China’s industry and IT industry said the U.S. government accusation against Huawei is unfair and unethical. FBI director Christopher Wray announced Huawei persistently ignored the laws of the U.S. aiming to gain biased economic advantage. He stated as the volume of these claims prove, the FBI will not support companies that breach the American laws.

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