TAIPEI/HONG KONG -- Huawei Technologies is asking suppliers to move some production to China as it braces for possible restrictions on access to U.S. technology that could starve the Chinese group of components vital to its business.
The move comes as U.S. prosecutors announced criminal charges against Huawei and certain related companies on Monday, alleging that the company had committed bank fraud, breached American sanctions on Iran and stolen trade secrets.
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