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● TRACKER Updated 6d ago · 13 sources tracked

China’s Huawei Technologies faces racketeering trial in New York

Huawei Technologies began a federal racketeering trial in Brooklyn on Wednesday. The Chinese telecommunications firm faces accusations of conducting a decades-long conspiracy to steal trade secrets and evade US sanctions. Charges include wire and bank fraud, as well as the theft of technology. The trial follows nearly a decade of litigation and involves allegations that the company defrauded banks, including HSBC, to hide business dealings in Iran. Jury selection for the case commenced on Tuesday afternoon.

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  • ✓ Huawei Technologies is facing a racketeering trial in New York.
  • ✓ The company is accused of stealing trade secrets and violating US sanctions.
  • ✓ Charges against the company include bank and wire fraud.
  • ✓ The prosecution alleges Huawei engaged in business dealings with Iran.
🛡️ Source Corroboration: 13 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

The trial officially began in Brooklyn federal court on Wednesday following jury selection on Tuesday.

Live updates

  1. Huawei Faces Federal Racketeering Trial in New York

    Huawei Technologies began a federal racketeering trial in Brooklyn on Wednesday. The Chinese telecommunications firm faces accusations of conducting a decades-long conspiracy to steal trade secrets and evade US sanctions. Charges include wire and bank fraud, as well as the theft of technology. The trial follows nearly a decade of litigation and involves allegations that the company defrauded banks, including HSBC, to hide business dealings in Iran. Jury selection for the case commenced on Tuesday afternoon.

    Why it matters

    The case examines whether Huawei built its global rise through criminal activity. It focuses on the company's operations in sanctioned regions and its efforts to acquire American intellectual property.

    What is confirmed

    • Huawei Technologies is facing a racketeering trial in New York.
    • The company is accused of stealing trade secrets and violating US sanctions.
    • Charges against the company include bank and wire fraud.
    • The prosecution alleges Huawei engaged in business dealings with Iran.
    • Jury selection began Tuesday afternoon.

    Still unconfirmed

    • Huawei and its subsidiaries operated in North Korea despite US sanctions.
    • The company defrauded HSBC and other banks over its business with Iran.

    What to watch next

    • Opening statements from federal prosecutors and Huawei defense counsel
    • Jury verdict on racketeering and fraud charges
    Sources used for this update (13)
    1. AP News — China’s Huawei Technologies faces racketeering trial in New York
    2. Reuters — Huawei heads to trial in US over its business dealings in Iran
    3. ft.com — Was Huawei’s rise built on crime? A US jury will decide
    4. Nikkei Asia — China's Huawei heads to trial in US over sanctions and trade secrets
    5. Courthouse News — Feds take on Chinese tech giant at trial over Iranian sanctions
    6. South China Morning Post — Huawei goes on trial in US for racketeering after nearly decade of litigation
    7. jamaica-gleaner.com — China’s Huawei Technologies faces racketeering trial in New York
    8. cryptobriefing.com — Huawei Technologies goes to trial in New York on criminal charges
    9. www.bgnes.com — Huawei Technologies faces racketeering trial in US
    10. www.law.com — ‘A Culture of Crime and Corruption’: Feds Take Offensive as Huawei Racketeering Trial Begins
    11. www.dailycamera.com — New Apple CEO to unveil latest iPhone lineup
    12. www.arkansasonline.com — Huawei heads to trial in US over Iran deals
    confidence 95%
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