The trial in New York that could cost Huawei millions
The Chinese tech giant faces a complex judicial process in the United States. A conviction could entail historic fines, asset confiscation, and a redefinition of complicated international diplomacy.
Huawei, a Chinese technology company, is set to face trial in New York on charges that it operated as a criminal organization, including stealing information from competitors and deceiving bankers about its business in Iran. The US Department of Justice alleges that Huawei had a team dedicated to stealing valuable information from competitors, with employees receiving monthly bonuses for doing so.
The company has denied the accusations, which span two decades and include allegations of fraud and theft, and claims it is being unfairly targeted by the US. If convicted, Huawei could face significant fines and further restrictions on its business in the US.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
