Business & Finance
Huawei faces federal racketeering and sanctions trial in New York
Jury selection begins as federal prosecutors pursue fraud and trade-theft charges, according to Associated Press.
The short version
- Huawei Technologies faces a criminal racketeering trial in New York over charges of trade secret theft, fraud, and sanctions violations.[Associated Press]
- Federal prosecutors allege the company operated in North Korea and provided surveillance gear used against Iranian protesters in 2009.[Associated Press]
- Defense attorneys sought dismissal by arguing the claims are overly vague and extraterritorial, while Chinese officials condemned the case as economic bullying.[Associated Press]
- Jury selection is scheduled to begin Tuesday as proceedings get underway.[Associated Press]
Key facts
- Huawei Technologies is facing a criminal racketeering trial in New York involving accusations of trade secret theft, technology theft, and bank and wire fraud.[Associated Press]
- The prosecution's indictment claims Huawei and subsidiaries conducted business in North Korea in violation of sanctions and installed surveillance gear that helped Iran monitor demonstrators in 2009.[Associated Press]
- Jury selection for the federal trial is set to start on Tuesday.[Associated Press]
- Chinese government officials have criticized the prosecution as economic bullying and an illegitimate use of national security to target Chinese firms.[Associated Press]
What remains uncertain
- The trial's legal viability remains challenged by Huawei's defense team, which contends the charges are vague, extraterritorial, and lack domestic wire or bank fraud.[Associated Press]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.
- China’s Huawei Technologies faces racketeering trial in New YorkAssociated Press · Wire: associated-press