Tuesday, January 29, 2019

BUSINESS_ U.S. Authorities Unveil Sweeping Set of Charges Against China’s Huawei

THE WALL STREET JOURNAL

BUSINESS

U.S. Authorities Unveil Sweeping Set of Charges Against China’s Huawei

Authorities unseal a pair of indictments just days before U.S.-China trade talks are set to resume




The U.S. unveiled sweeping charges against Chinese tech firm Huawei on Monday. WSJ’s Shelby Holliday breaks down the indictments.


By Kate O’Keeffe, Aruna Viswanatha and Dustin Volz Updated Jan. 29, 2019 12:26 a.m. ET


The Trump administration unveiled a sweeping set of criminal charges against China’s Huawei Technologies Co. in its latest salvo against the telecom giant, with authorities unsealing a pair of indictments just days before U.S.-China trade talks are set to resume.

In the cases unsealed Monday, federal prosecutors accused Huawei of violating U.S. sanctions on Iran and of stealing trade secrets from a U.S. business partner, portraying the company as a serial violator of U.S. laws and global business practices.

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READ MORE: https://www.wsj.com/articles/u-s-authorities-unveil-sweeping-set-of-actions-against-chinas-huawei-11548711284



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