Huawei, the second-largest smartphone maker and one of the biggest telecommunications equipment suppliers in the world, had a rough start to the year.
A widely expected deal to be announced at CES that AT&T would carry the Huawei Mate 10 Pro never materialized.
Then reports surfaced that Verizon Wireless had also pulled out of a deal. In March, CNET reported that Best Buy would cease selling all Huawei products.
Federal Communications Commission Chairman Ajit Pai proposed new rules that would bar broadband companies from using a government subsidy program to buy telecom equipment from companies that pose a national security threat (without naming Huawei).
It seemed like a low point for the company.
And yet, here at the end of the year, things have gotten worse for Huawei. Much worse.
Huawei's chief financial officer, Wanzhou Meng, was detained in Canada at the behest of the US Justice Department and faces extradition to the US over claims of doing business with Iran, in violation of US sanctions.
While in a Vancouver courthouse on Friday to discuss her bail, a lawyer with Canada's Justice Department alleged she defrauded US banks into making transactions that violated those sanctions, according to Bloomberg.
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