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Huawei denies US sanctions and trade secret charges
Huawei isn't taking kindly to the US' charges of sanction violations and trade secret theft. A spokesperson told Engadget the company was "disappointed" to hear of the charges and flatly "denies" it or an associated company (namely Skycom) committed any of the crimes in the indictments. It's also "not aware of any wrongdoing" by CFO Meng Wanzhou, according to the statement (available below). Huawei went so far as to suggest the US was unfair and trying to revive a dead case.
Huawei CFO faces fraud accusations from US in Canadian bail hearing
Chinese tech manufacturer Huawei's chief financial officer is facing fraud charges in the United States and faces up to 30 years in prison if found guilty, according to the New York Times. Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, is accused of "conspiracy to defraud multiple financial institutions" including breaking American sanctions on Iran. She was arrested in Canada earlier this week and faces extradition to the US.
