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US hammers Huawei with 23 indictments for stolen trade secrets, fraud

US hammers Huawei with 23 indictments for stolen trade secrets, fraud

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnet.com/news/us-hammers-huawei-with-indictments-for-stolen-trade-secrets-fraud/

The charges come amid heightened scrutiny for Huawei, the world's largest supplier of telecom equipment and the No. 2 smartphone maker behind Samsung. The US has already banned Huawei from selling networking equipment here, but a number of other countries have either already ceased working with the company, or are considering a ban. The Chinese government and Huawei have said the moves could have ramification since the company contributes to industry-standard wireless technologies like 5G. 

Both the US and China are jockeying for leadership position in the next-generation of cellular technology, which promises higher speeds and the ability to handle more connected devices. US officials have offered warnings about Huawei and its ties to China. 

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