The Wall Street Journal: Feds launch criminal probe into Huawei over alleged trade theft [MarketWatch]
T-Mobile US, Inc. (TMUS)
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Source: MarketWatch
Feds launch criminal probe into Huawei over alleged trade theft Federal prosecutors are pursuing a criminal investigation of China’s Huawei Technologies Co. for allegedly stealing trade secrets from U.S. business partners, including the technology behind a robotic device called “Tappy” that T-Mobile US Inc. used to test smartphones, according to people familiar with the matter. The investigation grew in part out of civil lawsuits against Huawei, including one in which a Seattle jury found Huawei liable for misappropriating robotic technology from T-Mobile’s TMUS, -0.67% Bellevue, Wash., lab, the people familiar with the matter said. The probe is at an advanced stage and could lead to an indictment soon, they said. A Justice Department spokesman declined to comment. A Huawei spokesman declined to comment. The company contested the T-Mobile case, but conceded that two employees acted improperly. The federal investigation puts added pressure on the Chinese technology giant, the world’
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TMUS
Earnings
- 1/25/24 - Miss
TMUS
Sec Filings
- 4/23/24 - Form 4
- 4/18/24 - Form 4
- 4/16/24 - Form 4
- TMUS's page on the SEC website