Huawei’s CFO arrested

Huawei has been accused of massaging its benchmarking results with several of its smartphones (Image IDG Worldwide)
Huawei remains embroiled in a U.S.-China trade dispute. (IDG Worldwide)

Huawei’s CFO was arrested in Canada, according to a new report in The Wall Street Journal.

Huawei’s Meng Wanzhou was arrested in Vancouver while transferring flights, according to the publication. Meng Wanzhou is reportedly the CFO and deputy chairwoman of Huawei—as well as the daughter of Ren Zhengfei, Huawei’s founder.

The United States is working to extradite Meng Wanzhou from Canada, according to a Canadian official, for alleged violations of Iranian sanctions, The Wall Street Journal reported.


Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.

The situation appears to heighten tensions between the United States and China. The two countries are embroiled in a trade dispute; most recently President Trump reportedly is working on an agreement with Chinese President Xi Jinping.

China’s Huawei—the world’s largest supplier of wireless networking equipment—has played a starring role in the brewing trade war between the United States and China. U.S. officials have argued that the company’s equipment could create a backdoor into U.S. telecom networks for Chinese spies.

RELATED: Huawei’s greatest critic lays out his case against the company

As a result, U.S. officials have worked to prevent U.S. telecom companies from selling Huawei smartphones and installing Huawei equipment. And perhaps more importantly, U.S. officials have urged other countries to ban telecom companies from purchasing Huawei equipment.

Specifically, the governments of Australia, Japan, the U.K., Germany and, most recently, New Zealand have all taken steps against products from Chinese companies like Huawei and ZTE. Most recently, the U.K.’s BT said it plans to remove Huawei equipment from its core network.

Huawei’s troubles have opened a $5 billion opportunity to the company’s rivals, including Ericsson and Nokia.


Suggested Articles

Both Nokia and Ericsson are claiming new breakthroughs related to KDDI’s 5G core network in Japan.

The U.S. wireless industry got a big boost last week with a federal court ruling allowing the T-Mobile/Sprint merger to go ahead.   

Dish Networks Chairman Charlie Ergen on Wednesday countered some views that the projected $10 billion cost to build its new 5G network is too low.