A U.S. judge on Tuesday rejected Huawei Technologies’ bid to dismiss most of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from U.S. rivals, and misleading banks about its work in Iran.
In a 52-page decision, U.S. District Judge Ann Donnelly in Brooklyn found sufficient allegations in the 16-count indictment that Huawei engaged in racketeering to expand its brand, stole trade secrets from six companies, and committed bank fraud.
