The arrest of Huawei’s chief financial officer caps a terrible year for the Chinese tech company.
Canadian authorities said late Wednesday they had detained Meng Wanzhou at the request of the US government, which wants her extradited on unspecified charges.
A spokesperson for Huawei said the company was “not aware of any wrongdoing” by Meng, the daughter of company founder Ren Zhengfei.
Huawei, which makes smartphones and equipment for telecommunications networks, has already found itself on the defensive this year after a number of countries blocked wireless carriers from using some of its products, citing national security concerns.
Here’s a look at Huawei’s biggest setbacks of 2018.
AT&T deal crumbles
The deal would have been Huawei’s first partnership with a major US mobile carrier, but it “fizzled out at the last minute,” a person familiar with the matter said at the time.
Huawei continues to face opposition in the United States, partly because of concerns that its technology could be used by the Chinese government to gather intelligence — allegations Huawei has repeatedly denied.