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Huawei is bolstering its presence at the industry’s biggest conference in an attempt to land deals. Its plans risk being foiled by a powerful foe: the US government.
Now, in the wake of two US criminal indictments, Huawei faces the task of working out the best legal strategy for allegations that could threaten the company’s very existence.
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The US has indicated it will pursue the extradition of a top Huawei executive, Canada’s ambassador to Washington said, suggesting the case might not be resolved in trade talks with China.
US authorities are investigating the Chinese technology giant for allegedly stealing trade secrets from US partner companies like T-Mobile US, according to people familiar with the matter.
An investigation by federal authorities into the possible theft of trade secrets by Huawei could give even more weight to a US campaign against the Chinese company.
Ren Zhengfei, the billionaire founder of Huawei Technologies, broke a years-long silence as his technology empire faces its biggest crisis over three decades of existence.
Huawei cut loose a sales director arrested in Poland on suspicion of espionage, moving swiftly to distance itself from a case that may crystallise fears the telecommunications giant helps Beijing spy on Western governments.
Huawei Technologies projected a 21% jump in 2018 revenue, showing off a sharp acceleration in top-line growth despite a difficult year in which it struggled to dispel growing concerns about its business and the security of its products.