Since at least 2016, US authorities have been probing Huawei's alleged shipping of US-origin products to Iran and other countries in violation of US export and sanctions laws, two of the sources said. The Justice Department probe is being run out of the US attorney's office in Brooklyn, the sources said. The United States last week banned American firms from selling parts and software to ZTE for seven years. US authorities have subpoenaed Huawei seeking information related to possible export and sanctions violations, two sources said. "We hope that the United States will not take actions that further harm investors' mood towards the business situation there."

Source: bd News24 April 26, 2018 08:15 UTC