Huawei tried to cover its relations with Skycom, the company that sold computer equipment material to Iran under the veto of the United States. This is stated by the Reuters agency, which points to some Huawei’s new internal documents to which he claims to have had access.
According to Reuters, Huawei directly controlled the company Skycom Tech. The Chinese telecommunications giant had, until now, described the Iranian company as a mere local partner in the Middle East country. The aforementioned documents would include a set of notes, letters and contracts that would link Huawei and Skycom’s businesses in Iran.
The “unofficial subsidiary” in Iran, increasingly evident
One of the documents described by the news agency described, as early as 2013, how Huawei would have done efforts as early as 2013 to dissociate from Skycom based on possible penalties from the Israeli government. Huawei would have changed Skycom managers, closing Skycom’s Tehran offices and forming a new business in Iran.
It is in this non-ally country where it closed a tens of millions of dollars business in contracts. A new turn of events that would put Meng Wanzhou, the previous chief financial officer of Huawei and daughter of the founder of the Chinese technology conglomerate, in an even greater predicament.
Meng Wanzhou, Huawei chief financial officer, suffers a legal setback in her fight over not being extradited to the United States.
And it is that the American authorities have tried on several occasions to obtain the extradition of Wanzhou from Canada. It is there that she was arrested a year and a half ago. Meng is accused of participating in a fraudulent organization that had Skycom as an “unofficial subsidiary” through which it extracted capital from Iran. Both Meng and Huawei deny all charges filed.
The situation is becoming increasingly difficult for Huawei. Recently, the United States government managed to extend the veto to TSMC, its main provider of smartphone chips and network equipment. Faced with the blockade, which could completely destabilize Huawei’s hardware production, the Chinese giant opted for stockpile with a volume capable of supplying its manufacture for at least two years, as Nikkei recently reported.