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CHINESE “NATIONAL CHAMPION” HUAWEI DENIES ALL US ALLEGATIONS

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Chinese telecoms giant Huawei has denied any wrongdoing after US prosecutors filed a host of criminal charges against the firm.

Huawei has also rejected criminal claims against its chief financial officer Meng Wanzhou, who was arrested in Canada last month. The charges filed against Huawei in the US include bank fraud, obstruction of justice and theft of technology.

The case could escalate tensions between China and the US.

In a statement, Huawei said it was “disappointed to learn of the charges brought against the company today”.

It said it didn’t commit “any of the asserted violations” and that it “is not aware of any wrongdoing by Ms Meng”.

The statement said the allegations of stealing trade secrets were the subject of a settled civil suit, in which a jury found “neither damages nor wilful and malicious conduct”

The indictment, announced on Monday, alleges Huawei misled the US and a global bank about its relationship with two subsidiaries, Huawei Device USA and Skycom Tech, to conduct business with Iran.

A second case alleges Huawei stole technology from T-Mobile used to test smartphone durability, as well as obstructing justice and committing wire fraud.

Huawei said it settled the dispute with T-Mobile in a civil case filed in 2014.

The firm’s technology, known as Tappy, mimicked human fingers to test phones.

In all, the US has laid 23 charges against the company.

“These charges lay bare Huawei’s alleged blatant disregard for the laws of our country and standard global business practices,” said FBI Director Christopher Wray.

Mr Wray said companies like Huawei “pose a dual threat to both our economic and national security

Huawei is what the Chinese call a national champion. A private firm, tasked with China’s ambitions to go into the world and lead the way.

But now the full force of the US justice system is being hurled at the firm.

The allegations by the US Department of Justice are the most serious Huawei has ever seen, and go to the heart of the trade war between China and the US.

Huawei has consistently denied the allegations, and the firm’s boss says it is being used as a pawn in power games between the US and China.

 

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