U.S. criminally charges Huawei, its CFO and related units in 13 count indictment
After years of calling Chinese smartphone and network equipment manufacturer Huawei a threat to national security, the U.S. today announced a 13 count indictment against the company. Huawei, two of its affiliates (Huawei Device USA and Skycom Tech) along with CFO Meng Wanzhou were charged with committing various crimes. These indictments are related to the company's business dealings with Iran, a country under economic sanctions in the states. The U.S. Justice Department alleges that Huawei committed bank fraud and defrauded the U.S. government over its business with Iran.
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