Chinese company Huawei will be tried in the US for deception

By: Mykhailo Stoliar | 05.04.2024, 13:35
Chinese company Huawei will be tried in the US for deception

The US Department of Justice accuses China's Huawei of misleading banks about the tech company's business in Iran, so the court will hear the case in 2026.

Here's What We Know

Assistant U.S. Attorney Alexander Solomon told U.S. District Judge Ann Donnelly that "discussions on a settlement agreement have reached an impasse. We believe it would be prudent to set a trial date." Judge Donnelly also expressed her belief that a trial date of January 2026 is the best option

The case, which began in 2018, has caused tensions between the United States and China. It began with the detention of Huawei CFO Meng Wanzhou on charges of misleading banks about the company's business in Iran. A 2021 agreement between the two countries dropped the charges against the Chinese executive, but the case against the company continues.

The prosecutor's office anticipates that the trial could last from four to six months, and a motion to split the case into parts is already under consideration. The government opposes this, arguing that all the charges are linked.

Source: Reuters