US prosecutors investigating new allegations against Huawei: Report
US prosecutors are reportedly investigating new allegations against Chinese telecommunications giant Huawei Technologies.
According to a report published by the Wall Street Journal on Thursday, Huawei is accused of stealing intellectual property from individuals and companies over several years, and recruiting employees from its rivals.
Citing people familiar with the matter, the report said the probe involves aspects that weren't covered in indictments of the company issued earlier this year.
In January, the US Justice Department charged Huawei with conspiring to violate US sanctions on Iran. The tech giant has denied any wrongdoing.
Huawei is reportedly planning to lay off a substantial number of its employees in the United States as the Chinese telecommunications firm is still struggling with its American blacklisting.
Workers at Huawei’s US-based research and development subsidiary, Futurewei Technologies, are expected to be laid off, according to the Wall Street Journal,
On May 15, US President Donald Trump announced a national emergency and signed an executive order, adding Huawei to a trade blacklist in a bid to curb its business dealings with companies.
The order limited Huawei’s ability to purchase important US components and software it needs for its products, including its smartphones and cellular base stations that are popular outside the US.
The Chinese company lambasted as “unreasonable” Trump’s declaration to ban what he referred as telecommunications equipment from “foreign adversaries” which posed a national security risk.
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