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17th February 2020, 09:35 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,575
| US charges Huawei with racketeering Trying to steal from US companies The US government has ratcheted up its pressure on Huawei by taking it and two of its subsidiaries with federal racketeering and conspiracy to steal trade secrets from American companies. In a federal indictment unsealed on Thursday in the Eastern District of New York, the Department of Justice accused Huawei and its affiliates of a “pattern of racketeering activity” and said the companies had worked to steal trade secrets from six American firms. The stolen information included source code, as well as the manuals for wireless technology. Apparently, the six are Cisco Systems, Motorola Solutions, Fujitsu, Quintel Technology, T-Mobile and CNEX Labs. “The new charges, in this case, relate to the alleged decades-long efforts by Huawei, and several of its subsidiaries, both in the USand 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 Justice Department said in a news release. The new indictment goes beyond the Justice Department’s earlier allegations of trade-secret theft and sanctions violations. https://fudzilla.com/news/50307-us-c...h-racketeering |
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