Industry
U.S. prosecutors call Huawei a \'criminal enterprise\' as trial focuses on trade secrets, Iran sanctions
U.S. prosecutors told a federal court in Brooklyn that Huawei was a “criminal enterprise,” accusing the Chinese telecoms equipment maker of stealing trade secrets, violating Iran sanctions and committing financial fraud. A Justice Department prosecutor said Huawei extracted technology from U.S. companies over about 20 years and abused the financial system. Huawei rejected the allegations, saying prosecutors are linking separate matters into an organised conspiracy.