BUSINESS
China’s Huawei Charged With Racketeering
Brooklyn federal prosecutors accuse tech giant of stealing trade secrets
Why It's Almost Impossible to Extract Huawei From Telecom
Networks Allies are under U.S. pressure to shun Huawei. But the company's prevalence in existing telecom networks and dominance in 5G technology make that nearly impossible. Illustration: Crystal Tai (Originally published March 12, 2019)
By Corinne Ramey
Updated Feb. 13, 2020 3:36 pm ET
Huawei Technologies Co. and two of its U.S. subsidiaries were charged with racketeering conspiracy to steal trade secrets in a new federal indictment unsealed Thursday, opening another front in the Trump administration’s battle with the Chinese telecommunications firm.
The new charges amp up pressure on Huawei from the U.S., where Trump administration officials say the company poses a national security risk as it competes fiercely with American rivals around the world. The new indictment, filed in federal court in Brooklyn,...
READ MORE: https://www.wsj.com/articles/chinas-huawei-charged-with-racketeering-11581618336?mod=hp_lead_pos1
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