US-. Prosecutors are investigating new cases of alleged technology theft by Chinese telecommunications equipment manufacturer Huawei Technologies Co., Ltd., the Wall Street Journal reports Thursday, citing people familiar with the case.
REUTER: US prosecutors are investigating new cases of alleged technology theft by the Chinese telecommunications equipment manufacturer Huawei Technologies Co., Ltd., The Wall Street Journal reported Thursday, citing people familiar with the matter.
Huawei is accused of stealing intellectual property from individuals and companies for several years, and recruiting its employees from its rivals, the report added. (https://on.wsj.com/2ZAppDf)??1919599010achteAdvertisement Chapter19659011achteAdvertisement Chapter19659012 Age It was contacted by Reuters, a prosecutor's office in the Eastern District of New York was denied.
The inquiries suggest that the US government is investigating aspects of Huawie's business practices that were not covered in charges by the Chinese company issued earlier this year, the WSJ report states.
In January, the US Department of Justice charged Huawei and its finance chief Meng Wanzhou with a conspiracy to violate US sanctions on Iran by doing business with Tehran through a subsidiary it was trying to hide.
Huawei was not immediately available for a Reuters request for comment.
(Reporting by Ayanti Bera in Bengaluru; Editing by Shailesh Kuber and Maju Samuel)