China’s leading tech company is facing a racketeering trial in New York
Huawei Technologies, a leading Chinese tech company, faces a criminal racketeering trial in New York over charges that it stole technology, plotted to steal U.S. trade secrets and committed wire and bank fraud, among other crimes.Jury selection is scheduled to begin Tuesday.The indictment alleges that, besides stealing trade secrets, Huawei and some of its subsidiaries did business in North Korea despite U.S. sanctions there and installed surveillance equipment that helped Iran spy on protesters during 2009 anti-government demonstrations in Iran.Huawei’s lawyers have tried to get the broad criminal case dismissed, arguing in court filings that the U.S. allegations were too vague and impermissibly tried to extend American authority abroad. The company said in a statement that the narrative pushed by U.S. prosecutors is “demonstrably false.”“Long-term investment in innovation, backed by the utmost respect for intellectual property, has been the driving force behind Huawei’s business success,” the company said.Huawei is the world’s biggest supplier of gear for wireless telecom networks but the company is banned from selling equipment to U.S. carriers over fears it poses a security ri…