US charges Chinese company Huawei with plotting to steal trade secrets

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The US Justice Department has filed new criminal charges against Chinese tech giant Huawei and two of its US subsidiaries.

Federal prosecutors announced that the company is accused of a plot to steal trade secrets.

The case was unsealed as the Trump administration is raising national security and surveillance concerns about Huawei, the world’s largest telecommunications equipment manufacturer.

In recent years, Huawei has become a major investor in Ireland. Last August, the company announced a €70 million investment in research and development across Cork, Dublin and Athlone.

A spokesperson for the company in Ireland said: “This new indictment is part of the Justice Department’s attempt to irrevocably damage Huawei’s reputation and its business for reasons related to competition rather than law enforcement.”

-Noah Harte