US Files Superseding Indictment Against Huawei - Court Filing
Umer Jamshaid Published February 14, 2020 | 11:49 AM
The United States has filed a superseding indictment against Chinese tech giant Huawei and Chief Financial Officer (CFO) Meng Wanzhou, a court filing revealed on Thursday
WASHINGTON (UrduPoint News / Sputnik - 14th February, 2020) The United States has filed a superseding indictment against Chinese tech giant Huawei and Chief Financial Officer (CFO) Meng Wanzhou, a court filing revealed on Thursday.
"Since at least in or about 2000 through the date of this Superseding Indictment, the defendants... executed a scheme to operate and grow the worldwide business of HUAWEI and its parents, global affiliates and subsidiaries through the deliberate and repeated misappropriation of intellectual property of companies headquartered or with offices in the United States (the 'Victim Companies') for commercial use," the document signed by US attorney for the Eastern District of New York Richard Donoghue said.
The indictment charges Huawei, its subsidiaries and Meng Wanzhou for 16 counts, including racketeering conspiracy and conspiracy to steal trade secrets, US Department of Justice said in a separate press-release.
"As revealed by the government's independent investigation and review of court filings, the new charges in this case relate to the alleged decades-long efforts by Huawei, and several of its subsidiaries, both in the US and in the People's Republic of China, to misappropriate intellectual property, including from six US technology companies, in an effort to grow and operate Huawei's business," the release said.
Department of Justice acknowledged that Huawei's efforts to steal trade secrets and other sophisticated US technology were successful.
"The defendants obtained nonpublic intellectual property relating to internet router source code, cellular antenna technology and robotics," news release said. "As a consequence of its campaign to steal this technology and intellectual property, Huawei was able to drastically cut its research and development costs and associated delays, giving the company a significant and unfair competitive advantage."
The indictment also includes new allegations about Huawei and its subsidiaries' involvement in cooperation with Iran, North Korea and other countries, which are under US, EU and UN sanctions, the release added.
In May 2019, the US government blacklisted Huawei over its suspected connections to Chinese intelligence and has been pushing other countries to refrain from using Huawei's equipment when adopting 5G network technology.
Related Topics
Recent Stories
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
Spain PM Sanchez says weighing resignation after wife's graft probe
Tennis: ATP/WTA Madrid Open results - 1st update
Long-lost Klimt portrait auctioned off for 30 mn euros
Osaka seals first win on clay since 2022 in Madrid
Earthquake jolts Karachi
Sindh minister orders operation after attack on police in Ghotki
TikTok to fight US ban law in courts
More Stories From Business
-
Mired in crisis, Boeing reports another loss
5 hours ago -
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
6 hours ago -
British-Pakistani firm unveils $35 million luxury apartments for overseas Pakistanis in Islamabad
6 hours ago -
European stocks lose momentum after global rally
6 hours ago -
New pulses varieties imperative to cater domestic food requirements: Dr Khalid Hasan
7 hours ago -
CEO KP-EZDMC meets CRBC officials
8 hours ago
-
Pakistan among nine poor countries that produces 90 percent cigarettes for world
8 hours ago -
Chief Minister Gilgit Baltistan Haji Gulbar Khan calls on Minister for Privatisation
9 hours ago -
Germany nudges up growth forecast, ailing economy at 'turning point'
9 hours ago -
Revised UAF budget recommended
9 hours ago -
IDEA, TEVTA organizes Job Fair for youth
9 hours ago -
Massive financial, administrative scam unearthed at SCCI
9 hours ago