This is a breaking story. Please check back for more updates.
Federal prosecutors have charged Chinese tech giant Huawei and several subsidiaries with conspiracy to steal trade secrets and violate anti-racketeering laws, the Department of Justice (DOJ) announced on Feb. 13.
These charges are in addition to previous charges on Huawei relating to violations of U.S. sanctions on Iran in an existing indictment.
The latest charge of trade secrets theft relates to alleged “decades-long efforts” by the company and its U.S.- and China-based affiliates to misappropriate intellectual property (IP) from other companies—including six U.S. technology companies—and use it to grow Huawei’s own business, the department said. Such practices also amounted to a conspiracy to violate the Racketeer Influenced and Corrupt Organizations Act (RICO), it added.
This all sounds very serious.