Exclusive: Top Huawei executives had close ties to company at center of US criminal case

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

An obscure Hong Kong-registered company stands at the center of the U.S. criminal case against China's Huawei Technologies and its chief financial ...

LONDON/SAO PAULO: An obscure Hong Kong-registered company stands at the center of the U.S. criminal case against China's Huawei Technologies and its chief financial officer.

Huawei's relationship with Skycom is central to the high-profile U.S. criminal case. A U.S. indictment alleges Huawei controlled Skycom and used it to violate American sanctions by obtaining embargoed U.S. computer gear in Iran. Huawei and Meng have maintained that while Huawei once owned Skycom, the firm later became in effect an arms-length business partner.

Last year, the U.S. Department of Commerce added Huawei and scores of its affiliates, including Hua Ying, to its so-called"Entity List." That move restricted sales of U.S. goods and technology to Huawei. Washington said the affiliates"pose a significant risk of involvement in activities contrary to the national security or foreign policy interests of the United States."

For example, in July 2008, Huawei Brazil's two shareholders at that time – Skycom and a Huawei affiliate called Huawei Tech Investment Co Ltd – each appointed the same Chinese person to represent them at Huawei Brazil. The documents also show that Meng, who was then serving on the boards of both shareholding companies, authorized the appointments.

In June, Reuters reported that following its 2013 article, Huawei acted to cover up its relationship with Skycom in Iran, according to internal Huawei documents. Huawei declined to comment on the story.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uncertainty ahead for Huawei amidst escalating US-China tech warAccelerating its research and development, moving into emerging markets and switching to lower-end electronics could help Huawei sustain its consumer business in the midst of the United States-China tech war.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

China's SMIC applies to renew licence to supply Huawei: state mediaChina's Semiconductor Manufacturing International Corp (SMIC) has asked for approval from the United States to continue supplying Huawei ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Pompeo confident there'll be effective competitors to Huawei from WestWASHINGTON (REUTERS) - US Secretary of State Mike Pompeo said on Tuesday (Sept 15) he is confident there will be effective 5G competitors to China's Huawei from Western vendors at comparable costs, adding that he believes Western technologies will come to dominate telecommunications.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Banks lower revenue outlook as pandemic crimps loan demandExecutives at the top US banks warned investors this week that 2020 revenue will be lower than expected due to weak loan demand and an uptick in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Family of US police shooting victim settles civil case for US$12 millionRelatives of Breonna Taylor, a black woman killed in a police shooting in her own home, announced Tuesday they have settled their wrongful death ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Anytime Fitness gym at Queensway Shopping Centre visited 4 times by Covid-19 cases while infectious
Source: TODAYonline - 🏆 1. / 99 Read more »