Federal prosecutors in the U.S. are pushing a criminal investigation against Huawei. The Chinese firm is alleged to have stolen trade secrets from U.S. business partners, including T-Mobile U.S., the Wall Street Journal reported. This latest development puts even further pressure on the company. It has already been caught up in an investigation by the U.S. Government into intellectual property theft by Chinese companies. It’s CFO, Meng Wanzhou, was arrested in Canada in December 2018 at the request of the U.S.
The investigation grew in part out of civil lawsuits against Huawei, including one in which a Seattle jury found Huawei liable for misappropriating robotic technology from T-Mobile’s Bellevue, Wash., lab, the people familiar with the matter said. The probe is at an advanced stage and could lead to an indictment soon, they said.
Huawei CEO Ren Zhengfei insisted his company does not spy on behalf of China. In a rare public appearance, reported by the Wall Street Journal, Mr. Ren said: “I personally would never harm the interest of my customers and me and my company would not answer to such requests.” It comes as his daughter, the company’s CFO Meng Wanzhou, is fighting extradition to the U.S. after being arrested in Canada.
“No law requires any company in China to install mandatory back doors,” Ren Zhengfei said Tuesday. “I personally would never harm the interest of my customers and me and my company would not answer to such requests.” Mr. Ren’s public comments at Huawei’s campus are his first in years and come as the telecom giant faces challenges on multiple fronts.
Apple reportedly plans to launch three new iPhone models in fall 2019 one of which could have a device with a triple-rear-camera system.
Hundreds of companies are participating in this because of the arrest of Huawei’s CFO in Canada.
Huawei CFO Meng Wanzhou was bailed in Canada following her arrest at the request of the U.S. over conspiracy to defraud allegations.
Huawei CFO Meng Wanzhou was arrested in Canada at the request of the U.S. as part of its probe into Iranian sanctions violations.
Apple shipped 3.9 million Apple Watch units during the 3rd quarter, including some 800,000 Apple Watch Series 3 with cellular, according to estimates from Canalys.
HomeKit compatible products are about to become easier to find and more affordable thanks to IKEA. Dave Hamilton and Bryan Chaffin join Jeff Gamet to talk about IKEA’s place in the smart home market, plus they noteDenise Young Smith’s new position at Apple, and Huawei’s new laptop that targets the MacBook.