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Huawei racketeering trial enters second day of testimony

Key witnesses are expected to testify in Chinese tech giant Huawei Technologies’ landmark criminal case on Thursday in Brooklyn, New York, as it enters its second day of testimony. It comes after a US government lawyer told federal jurors on the opening day that Huawei engaged in criminal activities to achieve “growth at any cost”, while a lawyer for the company said that Huawei employees deemed…

Huawei racketeering trial enters second day of testimony

The Huawei racketeering trial commenced its second day of testimony in Brooklyn, New York on Thursday. US lawyers argued that the Chinese tech giant pursued growth at any cost, engaging in criminal activities for decades. US Attorney Taylor Stout told jurors that Huawei had operated like a criminal enterprise, stealing technology from US companies, violating sanctions, and deceiving financial institutions.

Defense attorney Brian Heberlig countered that Huawei's success stemmed from competition and innovation, not conspiracy. Meng Wanzhou, Huawei's CFO, admitted to violating US sanctions on Iran in 2021 in a negotiated statement of fact, but her lawyer insisted this should not be considered a confession. The defense claims this admission does not prove intent to deceive or criminal intent by other Huawei employees.

The trial charges Huawei with 14 criminal counts, including bank fraud, money laundering, and racketeering conspiracy, dating back to 1999.

Written by urgent.news from Reuters Business via SCMP's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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