Date
12 November 2019
Huawei is accused of stealing intellectual property from individuals and companies over several years, and recruiting employees from its rivals. Photo: Bloomberg
Huawei is accused of stealing intellectual property from individuals and companies over several years, and recruiting employees from its rivals. Photo: Bloomberg

Huawei under probe by US prosecutors over new allegations: WSJ

US prosecutors are investigating new instances of alleged technology theft by Chinese telecommunications equipment maker Huawei Technologies Co. Ltd., the Wall Street Journal reports, citing people familiar with the matter.

Huawei is accused of stealing intellectual property from individuals and companies over several years, and recruiting employees from its rivals, the report added.

The inquiries suggest that the US government is investigating aspects of Huawei’s business practices that weren’t covered in indictments of the Chinese company issued earlier this year, the WSJ report said.

In January, the US Justice Department charged Huawei and its chief financial officer, Meng Wanzhou, with conspiring to violate US sanctions on Iran by doing business with Tehran through a subsidiary it tried to hide. Reuters

– Contact us at [email protected]

RC/CG