DOJ charges China’s Huawei with racketeering

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The Justice Department unveiled a new indictment against Huawei on Thursday, charging the Chinese telecommunications giant with racketeering and conspiracy to steal trade secrets.

The 16-count superseding indictment, unsealed on Thursday one day after being returned in a New York federal court, charged Huawei and its U.S.-based subsidiaries with conspiracy to violate the Racketeer Influenced and Corrupt Organizations Act, commonly known as RICO.

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