DOJ Charges Huawei with Fraud, Intellectual-Property Theft

The Justice Department on Monday charged China’s largest smartphone maker with bank fraud and stealing trade secrets, in a move that will likely heighten already-elevated tensions between the U.S. and Beijing.In a 13-count indictment filed in New York City, the DOJ charged Huawei Technologies Co., its chief financial officer, and two affiliated firms with a laundry list of crimes including conspiracy, money laundering, bank and wire fraud, flouting U.S. sanctions on Iran, and&nbs