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A US judge on Tuesday rejected Huawei Technologies‘ bid to dismiss most of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from US rivals, and misleading banks about its work in Iran.
In a 52-page decision, US District Judge Ann Donnelly in Brooklyn found sufficient allegations in the 16-count indictment that Huawei engaged in racketeering to expand its brand, stole trade secrets from six companies, and committed bank fraud.
The Iran accusations stemmed from Huawei’s alleged control of Skycom,…
