Huawei Pleads Not Guilty to US Trade Secrets Theft Charges

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Huawei Pleads Not Guilty to US Trade Secrets Theft Charges

The Chinese Technology giant Huawei pleaded not guilty Thursday to U.S. trade-theft Prices in a Situation Which has Improved a trade dispute between the world’s two Biggest Markets.

The pleas were entered in federal court in Seattle, in which a 10-count indictment was unsealed in January against two Huawei units, Huawei Device Co. and Huawei Device USA.

The conspiracy charge carries a possible fine of $5 million or twice the worth of the stolen trade secret, whichever is higher, the U.S. Attorney’s office said Thursday.

The U.S. has accused China of using predatory approaches to flip Chinese businesses to leaders in technology areas including robotics and electrical vehicles.

By 2012 to 2014, prosecutors allege, Huawei participated in a scheme to steal the tech supporting a robotic device which Bellevue, Washington-based T-Mobile utilized to examine telephones, according to the charges.

Prosecutors say one Huawei employee even eliminated the robot’s arm against T-Mobile’s laboratory, took detailed measurements and photographs of it, then sent the data on it to China; the provider states the employee acted independently and was later fired.

A federal jury in Seattle granted T-Mobile $4.8 million in settlement in 2017.

Huawei, the No. 2 smartphone manufacturer and an important player in global communications networks, has also been charged in New York with lying to banks about prices that broken economic sanctions against Iran. The daughter of the organization’s founder was detained in Canada and is awaiting extradition to the U.S. No arraignment was set at the New York situation, however, Huawei denies the charges.

Trade talks involving the USA and China are far from conclusion, U.S. Trade Representative Robert Lighthizer told lawmakers Wednesday, however President Donald Trump increased hopes earlier in the week after he stated he’d postpone a scheduled March two growth in tariffs on $200 billion of imports.

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