Huawei of misleading banks about the tech company's business in Iran, among other charges, is heading toward a January 2026 trial.
At a status conference on Thursday in Brooklyn, New York, Assistant US Attorney Alexander Solomon told US District Judge Ann Donnelly that «settlement discussions ended in an impasse. We believe it would be prudent to schedule a trial date.»
The judge said she thought a «good placeholder» date for the trial to start would be the beginning of January 2026.
The case, which has long strained US-China ties, began in 2018 with a sealed indictment that led to Huawei CFO Meng Wanzhou being detained in Vancouver, Canada, on a US warrant.
As part of a 2021 deal, the charges against Meng, who is also the daughter of the company's founder, were dismissed.
The broader case against Huawei is pending. Huawei has pleaded not guilty.
Solomon said prosecutors expect the trial to last four to six months.
Douglas Axel, a lawyer for Huawei, said the company has a pending motion to split the case, essentially separating the bank fraud charges from the allegations of trade secret theft. But the government suggested they would oppose a split and that the charges were linked.
Huawei was indicted in 2018 on bank fraud charges of misleading HSBC and