U.S. Gov't Sets Sights on Huawei for Violating Iran Sanctions
The Wall Street Journal reports that Canadian authorities have arrested the CFO of Huawei — who is also the founder's daughter — at the request of U.S. authorities. The charge relates to alleged violations of U.S. sanctions on Iran. The U.S. government made a similar case against ZTE (Huawei and ZTE are both Chinese companies,) which at one point threatened ZTE's entire global business. The government has already pressured U.S. companies and allied governments to stop doing business with Huawei over spying concerns. This new action against Huawei will likely affect the current administration's on-again/off-again trade war with China. The executive, Meng Wanzhou, will be extradited to the U.S. and face a bail hearing on Friday.
Dec 6, 2018
Reuters today reports that the U.S. investigation into Huawei's potential violation of sanctions involves "an alleged scheme to use the global banking system to evade U.S.
Dec 7, 2018
Huawei CFO Meng Wanzhou is facing extradition to the U.S. so she can face accusations that she hid connections with a company in order to sell sanctioned equipment to Iran.
Dec 12, 2018
Canada has released Meng Wanzhou, Huawei's CFO, after her lawyers convinced a judge to grant bail. Meng was arrested in Vancouver on December 1 at the behest of the U.S.
Jan 28, 2019
The US government is pursuing a criminal case against Huawei for stealing the design for — as well as actual parts and software from — a unique phone-testing robot developed by T-Mobile USA. The gov't alleges that Huawei offered bonuses for employees to steal such trade secrets, and obstructed justice in a related civil case.