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Justice Department Announces Indictments Against Huawei
NextGov: Not long ago, U.S. companies like T-Mobile boasted of their partnerships with Chinese companies like Huawei. The future of such business relationships is not what it once was, especially not after today, and that’s likely to further stress the already tense relationship between Washington and Beijing.
Huawei executives stole trade secrets and equipment—a robot!—from competitors, flouted U.S. sanctions on Iran, and lied to banks and investors about their activities, the U.S. Justice Department said on Monday, announcing a 13-count indictment against Huawei officials and subsidiaries for wire fraud, sanctions fraud, money laundering and other crimes.
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