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Huawei's fate in the US will be decided in the coming weeks

2019-02-12 10:07:06       source:CNBC

February 11, 2019

Two landmark cases involving the Shenzhen-based hardware giant Huawei take big steps forward in the coming weeks, as the Trump administration weighs an executive order that may further curtail the ability of American companies to use telecom equipment manufactured in China.

Decisions on these matters will affect U.S.-China trade talks, which have focused heavily on issues related to alleged state-sponsored theft of intellectual property by China. Success in the Huawei court cases will also significantly affect the Trump administration's ability to persuade allies they can comfortably follow the American position on Chinese-made equipment.

Canada's Department of Justice is now reviewing an application by its U.S. counterpart on whether to extradite Huawei CFO Meng Wanzhou, daughter of founder Ren Zhengfei, on fraud charges.

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