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New Huawei charge in New York for theft of trade secrets

2020-02-14T03:32:40.809Z

The Chinese supplier was charged again on Thursday February 13 in New York. He is now accused of theft of trade secrets. Which is added to the first lawsuits, all related ...



New Huawei charge in New York for theft of trade secrets

Huawei is accused of stealing trade secrets from six American companies. REUTERS / Hannibal Hanschke

Text by: RFI Follow

The Chinese supplier was charged again on Thursday February 13 in New York. He is now accused of theft of trade secrets. This is in addition to the first lawsuits, all of which relate to violations of US sanctions against Iran.

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For two decades, Huawei has allegedly stolen trade secrets from six American companies. With the aim of establishing itself as the world leader in telecom companies. To get there, the Chinese company would have tried to recruit employees from its rivals in order to take advantage, in the process, of their technological know-how.

Huawei has also reportedly encouraged employees to steal confidential information from competitors, promising them bonuses. According to the indictment, this data allowed Huawei to develop products similar to those of competitors, at much lower prices.

Another accusation: the telecoms giant is said to have taken part in numerous projects in North Korea, although under embargo.

In the sights of prosecutors: five companies, all subsidiaries of Huawei, but also the financial director and daughter of the founder of the company , Meng Wanzhou. She currently lives under house arrest in Canada. Canadian justice has not yet decided whether or not it will be extradited to the United States.

These new accusations are sure to heighten trade tensions between the United States and China.

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  • United States
  • China
  • Telecom
  • Justice

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Source: rfi

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