Huawei Faces Racketeering Case in NY

Huawei Technologies faces a criminal racketeering trial in New York, charged with stealing trade secrets, violating U.S. sanctions in North Korea and Iran, and executing wire and bank fraud. Jury selection is set to begin, as U.S. prosecutors allege the company used a Hong Kong shell to sell equipment to Iran and helped Iran spy on protesters. Huawei, once the leading supplier of wireless network gear, has been banned from U.S. markets over security concerns and has expanded into chipmaking due to sanctions.

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