The report stated that it is unclear how the Ministry of Justice investigated the progress and the authorities’ specific allegations.
A Huawei spokesman refused to comment on the Wall Street Journal.
Analysts said that the U.S. Department of Justice’s investigation may bring many risks to Huawei. Originally, Huawei’s business in the U.S. market was relatively limited. Before this, the U.S. government had caused untold misfortunes to Huawei, including blocking U.S. mobile operations. Business and Huawei cooperation.
More importantly, the U.S. Department of Justice’s investigation may also affect Huawei’s business in other international markets, especially in Europe. Due to the US government’s scrutiny of Huawei, some allied countries have begun to take a cautious view of Huawei.
Analysts also said that the U.S. government’s increased efforts to review Huawei also highlighted the tensions in Sino-US trade relations. Recently, the Trump administration has stated that Huawei may pose a threat to U.S. leadership in the 5G market. .
Currently, Huawei is the world’s largest manufacturer of base station electronics and other communications equipment, and the third largest smartphone manufacturer in the world. These insiders also said that prior to the investigation by the Ministry of Justice, Huawei also received the US Department of Commerce and the Ministry of Finance. The administrative summons is also a question about the export ban.
This time, the U.S. Department of Justice launched a criminal investigation against Huawei, which indicates that Huawei may have more serious potential misconduct. If the investigator finds that Huawei intentionally violated the U.S. export ban, it may impose additional criminal penalties on Huawei.
Prior to this, another Chinese technology company, ZTE, has been blocked by the U.S. government. Earlier this month, the U.S. Department of Commerce announced that because ZTE violated the U.S. government agreement reached last year, it will implement a 7-year plan for ZTE. Export ban. During this period, U.S. companies will not be allowed to sell their products to ZTE.
Some analysts indicated that these US protectionist measures will only allow the Chinese government to devote more resources to the development of technology, thereby further reducing its reliance on U.S. companies and eventually becoming the strongest U.S. competitors. At the same time, U.S. partners will also be severely hit.