U.S. Government Charges Huawei With Racketeering

The United States government is charging Huawei with racketeering.

Allegations against the company include Huawei misappropriating property, conspiracy, lying to federal investigators, obstructing an investigation, and even instituting “a bonus program to reward employees who obtained confidential information from competitors.”

The U.S. alleges Huawei violated confidentiality agreements, and stole intellectual property and trade secrets from six companies, allowing it to circumvent normal research and development. Then, Huawei lied to investigators when asked about it.