US prosecutors accuse Huawei of stealing trade secrets, dealing with N. Korea



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US prosecutors accuse Huawei of stealing trade secrets, dealing with N. Korea

On Thursday, the 13th of February 2020, adding further strains in to a friable US-China trade relationship, US prosecutors had added two more charges against the world’s No. 1 fifth-generation telco gear maker, China’s Huawei Technologies, in addition to their bank fraud cases, saying that the world’s second-largest smartphone vendor, Huawei, which has been miles ahead of its US-based competitors in terms of fifth-generation network development, had been involved in a conspiracy to steal trade secrets alongside to deal with North Korea despite US sanctions, exacerbating a nearly 14-month-long battle against the world’s largest telecom Groupe.

As the new charges against Huawei Technologies that involved racketeering to steal trade secrets from as little as six US tech giants alongside violating Corrupt Organization Act, and fresh allegations of dealing with countries subjected to US sanction such as North Korea and Iran, had been filed in a federal court in Brooklyn, NY, calling Huawei Technologies an illegitimate organization despite any solid evidence, the US Senate Intelligence Committee Chairman Richard Burr, alongside its Vice Chairman, Mark Warner said in joint statement on Thursday (February 13th), “The indictment paints a damning portrait of an illegitimate organization that lacks any regard for the law. It is an important step in combating Huawei’s state-directed and criminal enterprise. ”