6 Huawei Executives Arrested for Corporate Espionage
Phenny Lynn Palec | | Jan 21, 2017 11:00 AM EST |
(Photo : Getty Images) The six Huawei product designers have been arrested and charged.
Chinese media outlets have hinted that corporate espionage between Huawei and LeEco have escalated to unprecedented heights. Huawei has reportedly pressed charges against six product designers from its consumer business division. Huawei claims that the executives leaked sensitive information as well as corporate trade secrets to LeEco.
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As of this writing, the six Huawei product designers have been arrested and charged.
Following the arrests, LeEco released a statement claiming that the company has no knowledge or connection with the six arrested Huawei officials. LeEco added that it did not receive any information from the six arrested officials. However, the company admitted that it has some patent disputes with Huawei, according to Giz China.
This is just the latest episode in the ongoing patent war between LeEco and Huawei. In the past, Huawei has accused LeEco of infringing on its patents, according to Phone Arena. Huawei later added that the six arrested executives are part of a bigger scheme to steal the company's secrets and share (or possibly sell) them to LeEco.
LeEco has made headlines over the past few weeks. The company has made a huge leap in the United States market selling some of its smartphone and 4K TV devices on Amazon. LeEco, which is known for its wide range of affordable yet decently made smartphones, is looking to expand its market by selling products like electric cars and smart bicycles.
TagsHuawei, huawei executives, corporate espionage, Leeco, leeco news, Huawei News
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