Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York
A racketeering conspiracy trial of Huawei Technologies began in New York on Wednesday with federal prosecutors accusing the Chinese tech company of a litany of crimes, including stealing technology from American companies, abusing the U.S. financial system and helping Iran snoop on its citizens.
TL;DR
- Huawei Technologies is facing a racketeering conspiracy trial in New York.
- Federal prosecutors accuse the company of stealing technology from American companies.
- The company is also accused of abusing the U.S. financial system.
- Prosecutors allege Huawei helped Iran spy on its citizens.