US accuses Huawei of stealing trade secrets, assisting Iran

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NSTworld: The new trade secret theft charges relate to internet router source code, cellular antenna technology, and robotics. Huawei US

In the indictment, which supersedes one unsealed last year in federal court in Brooklyn, New York, Huawei Technologies Co was charged with conspiring to steal trade secrets from six US technology companies and violating a racketeering law typically used to combat organised crime.

It called the racketeering accusation “nothing more than a contrived repackaging of a handful of civil allegations that are almost 20 years old.” The Republican and Democratic Senators called it “an important step in combating Huawei’s state-directed and criminal enterprise.” Both indictments accuse Meng and Huawei of conspiring to defraud HSBC and other banks by misrepresenting Huawei’s relationship with a company that operated in Iran. There are no new charges against Meng in the superseding indictment.The new trade secret theft charges relate to internet router source code, cellular antenna technology, and robotics.

Although the US company is not identified, Cisco Systems sued Huawei in Texas in 2003 over copyright infringement related to its routers. In addition to accusing Huawei of lying about its operations in Iran, the latest indictment says Huawei falsely represented to banks that it had no business in North Korea.

 

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