May 22, 2019 / 8:43 PM / a month ago

U.S. startup accuses Huawei executive of involvement in trade-secrets theft -WSJ

May 22 (Reuters) - A Silicon Valley chip startup has accused a top executive of China's Huawei Technologies Co Ltd, Deputy Chairman Eric Xu, of participating in a conspiracy to steal its trade secrets, the Wall Street Journal reported here on Wednesday, citing court documents.

The allegations were made in a lawsuit set for trial on June 3 in federal court in the Eastern District of Texas, in which CNEX Labs Inc claimed that Huawei engaged in a multiyear conspiracy to steal company’s solid-state drive computer storage technology, including with the help of a Chinese university, the WSJ reported.

Both, Huawei and CNEX did not immediately respond to a request for comment.

California-based CNEX is developing technology to enhance the performance of solid-state drives in data centers and has been in a dispute with Huawei since 2017.

It had accused Huawei of enlisting a Chinese university professor working on a research project to improperly access the startup’s technology.

Reporting by Akanksha Rana in Bengaluru; Editing by Anil D'Silva

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