{"id":359587,"date":"2026-09-08T01:12:20","date_gmt":"2026-09-08T06:12:20","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/chinas-huawei-technologies-faces-racketeering-trial-in-new-york"},"modified":"2026-09-08T01:12:23","modified_gmt":"2026-09-08T06:12:23","slug":"chinas-huawei-technologies-faces-racketeering-trial-in-new-york","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/chinas-huawei-technologies-faces-racketeering-trial-in-new-york","title":{"rendered":"China&#8217;s Huawei Applied sciences faces racketeering trial in New York"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \"><span class=\"oyrPY qlwaB AGxeB \">NEW YORK &#8212; <\/span>NEW YORK (AP) \u2014 <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/argentina-china-united-states-washington-lamelas-visa-sanctions-huawei-trump-a56baec9df5b961a0e7c110fbf689766\">Huawei Technologies<\/a>, a leading Chinese tech company, faces a criminal racketeering trial in New York over charges that it stole technology, plotted to steal U.S. trade secrets and committed wire and bank fraud, among other crimes.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Jury selection is scheduled to begin Tuesday.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The indictment alleges that, besides stealing trade secrets, Huawei and some of its subsidiaries did business in North Korea despite U.S. sanctions there and installed surveillance equipment that helped Iran spy on protesters during 2009 anti-government demonstrations in Iran.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Huawei\u2019s lawyers have tried to get the broad criminal case dismissed, arguing in court filings that the U.S. allegations were too vague, that some were \u201dimpermissibly extraterritorial,\u201d and did not involve domestic wire and bank fraud.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Huawei is the world&#8217;s biggest supplier of gear for wireless telecom networks but the company is banned from selling equipment to U.S. carriers over fears it poses a security risk. It has also been blacklisted by other Western allies like Canada and Britain.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The company makes phones and other consumer electronics but has been cut off from other lines of business. More recently it has expanded into chipmaking as the boom in artificial intelligence fuels demand for microprocessors. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">During President Donald Trump&#8217;s first term in office, his administration raised national security concerns about Huawei and began lobbying Western allies against including the company&#8217;s products in their next-generation high-speed wireless networks. The U.S. <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/0615a77380094e23b1c519ab4afe4869\">announced the criminal charges<\/a> in early 2019 and has since <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/afef0950754963939cb617cc4436ea1c\">expanded the allegations<\/a>.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Chinese officials said the U.S. government has engaged in \u201ceconomic bullying\u201d and improperly used national security as a pretext for \u201coppressing Chinese companies.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">U.S. prosecutors accused Huawei of using a Hong Kong shell company known as Skycom to sell equipment to Iran in violation of U.S. sanctions. They also charged its chief financial officer, <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/middle-east-canada-china-arrests-washington-2b6e0977ae93557ad1265869d57838ed\">Meng Wanzhou,<\/a> with fraud, saying she misled HSBC bank about the company\u2019s business dealings in Iran.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Meng, the daughter of Huawei\u2019s founder, was arrested in Canada in late 2018 on a U.S. extradition request but released in September 2021 in a <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/technology-business-new-york-courts-brooklyn-dc957e575f896375d14c08a456af14ea\">high-stakes prisoner swap<\/a> that freed two Canadians held by China and allowed her to return home.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">As part of the deal, the U.S. dropped its extradition request and said it would dismiss the fraud charges against Meng.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">The biggest maker of network gear, Huawei struggled to hold onto its market share under sanctions that have blocked its access to most U.S. processor chips and other technology. The limits led it to ramp up its own development of computer chips and other advanced technologies. <\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/abcnews.com\/US\/wireStory\/chinas-huawei-technologies-faces-racketeering-trial-new-york-136264518\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK &#8212; NEW YORK (AP) \u2014 Huawei Technologies, a leading Chinese tech company, faces a criminal racketeering trial in New York over charges that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":359590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[15106,3460,35398,35395,35396,35397,12287,8896,609,1465,1284],"class_list":["post-359587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-chief-monetary-officer","tag-china","tag-client-electronics","tag-hsbc-financial","tag-huawei-technologies","tag-meng-wanzhou","tag-north-korea","tag-pc-chips","tag-president","tag-spy","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/359587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/comments?post=359587"}],"version-history":[{"count":2,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/359587\/revisions"}],"predecessor-version":[{"id":359589,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/359587\/revisions\/359589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media\/359590"}],"wp:attachment":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media?parent=359587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/categories?post=359587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/tags?post=359587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}