Huawei trial begins in New York over fraud and trade secret theft charges
Shenzhen-based company pleads not guilty to 14 counts including bank fraud and racketeering
Quick Look
- Jury selection has commenced in a New York federal court for the trial of Huawei, which faces 14 criminal counts including bank fraud and trade secret theft.
- The company maintains its innocence, attributing its financial success to internal R&D.
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Why It Matters
Huawei faces 14 counts of criminal activity, including bank fraud and trade secret theft, with allegations dating back to 1999.
The Shenzhen-based company has pleaded not guilty to all 14 counts, including bank fraud, wire fraud, trade secret theft, and racketeering, with the alleged criminal activity dating back to 1999.
Jury selection began on Tuesday, local time, with US District Judge Ann M. Donnelly of the Eastern District of New York instructing potential jurors to strive to be as “fair and impartial” as possible.
“China and the Communist Party … are not on trial,” she said, also noting that the ongoing US-Iran conflict should not influence jurors’ judgment.
Huawei said in a statement that the US government’s “overarching narrative is demonstrably false” and that the company’s recent successes, including US$126 billion in global sales revenue last year, its best performance in nearly five years, were achieved through its own research and development efforts.
Open Questions
- What evidence will the prosecution present to support the 14 counts?
- How will the jury weigh the company's defense regarding its R&D efforts?
