Apple’s biggest competition from China just got hit with the R.I.C.O.
The FBI and US Department of Justice revealed this afternoon 16 charges filed against Huawei, one of the world’s largest smartphone manufacturers. Prosecutors claim Huawei conspired to steal trade secrets, commit wire fraud and conspired to violate the Racketeer Influenced and Corrupt Organizations Act (RICO).
We’re still digging into the 56-page indictment, but it looks like Huawei was on a two-decade-long streak of keepin it gangsta.