Federal Prosecutors Push Huawei Criminal Investigation

Federal prosecutors in the U.S. are pushing a criminal investigation against Huawei. The Chinese firm is alleged to have stolen trade secrets from U.S. business partners, including T-Mobile U.S., the Wall Street Journal reported. This latest development puts even further pressure on the company. It has already been caught up in an investigation by the U.S. Government into intellectual property theft by Chinese companies. It’s CFO, Meng Wanzhou, was arrested in Canada in December 2018 at the request of the U.S.
The investigation grew in part out of civil lawsuits against Huawei, including one in which a Seattle jury found Huawei liable for misappropriating robotic technology from T-Mobile’s Bellevue, Wash., lab, the people familiar with the matter said. The probe is at an advanced stage and could lead to an indictment soon, they said.