Huawei could face U.S. indictment for trade theft

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Tensions between the U.S. and Huawei have mounted in recent years, and this week, reports claimed that federal prosecutors had begun investigating the company over the alleged theft of trade secrets.

The South China Morning Post (SCMP), which is owned by Chinese tech mega-corp Alibaba, reported on Thursday that graduate computer science students were told by email that Oxford's Committee to Review Donations "have made a decision to suspend Huawei as an approved gift donor/research sponsor".

The MP stopped short of singling out Huawei, although said his committee was reviewing evidence of the behaviour of Chinese companies.

"Huawei is effectively an intelligence-gathering arm of the Chinese Communist Party whose founder and CEO was an engineer for the People's Liberation Army", Senator Cotton wrote in a statement.

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It also sounds like it's not meant to be a longstanding decision - Huawei has a lot of money, and United Kingdom academia needs a lot of money, so presumably the call to turn off the money tap is causing pain among the dreaming spires.

The Straits Times Although 74-year-old Huawei founder Ren Zhengfei is still active within the ranks of the company, he has spent the last three years out of the public eye.

The move would further escalate tensions between the USA and China after the arrest a year ago in Canada of Huawei's chief financial officer, Meng Wanzhou, the daughter of the company's founder.

The U.K. and Canada recently raised questions about Huawei, while Australia, New Zealand, and the USA banned the firm from their countries.

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The US wants her extradited to face charges that she committed fraud by misleading banks about Huawei's business dealings in Iran.

Huawei denies ties to the Chinese government, and its equipment is widely used in Canada's telecom networks: Bell and Telus partnered with Huawei to test 5G technology, although the federal government has considered banning the company from access to the network.

Huawei has been inundated with one bad news story after another for the last seven weeks, including two high profile arrests, a federal criminal investigation, a potential executive order banning the sale of its products in the USA and a bill in Congress that would block US companies from selling chips or components to Huawei.

In May 2017, a jury said Huawei should pay T-Mobile $US4.8 million ($6.69 million) in damages.

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In the UK, British Telecom has removed Huawei equipment from parts of its mobile network, and Oxford University has said it will no longer pursue funding opportunities from the company. A bipartisan group of lawmakers introduced new legislation that would ban exports to companies caught violating United States sanctions laws. Meng is facing charges in the US related to possible violations of trade sanctions on Iran.

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