This Monday, in a 13-count indictment unsealed in a federal court in New York, four defendants affiliated with Chinese telecom juggernaut, Huawei Technologies were named, including Huawei’s CFO, Meng Wanzhou, the daughter of Huawei’s president and founder. The charges relate to an alleged scheme by Huawei and its CFO to circumvent Iranian sanctions. Are these charges, along with the ongoing pressures placed upon Huawei worldwide, part of the trade war between the U.S. and China, an attempt to stop Huawei’s dramatic advance into the world marketplace, or something more? There is a storm brewing. At the vortex of the storm, … Continue reading Huawei – China’s telecom giant hits a giant wall