Huawei's French Offices Raided in Financial Investigation

The raid is part of a probe into alleged corruption and influence peddling, with Huawei expressing cooperation and confidence in its compliance.

French financial prosecutors conducted a raid on Huawei's offices in France as part of a preliminary investigation into alleged 'breach of probity', which includes offenses such as corruption and influence peddling.
Huawei has been operating in France for over 20 years and is currently building its first production factory outside of China in Alsace, aiming to supply the European market with 5G equipment and create 500 jobs.
The company has cooperated fully with the investigation and remains confident in its compliance with French laws and regulations.
Huawei's revenue in France has declined due to decisions by France to limit the company's involvement in its wireless infrastructure, affecting its participation in the 5G network deployment.
The European Commission has previously warned that Huawei and another Chinese telecom giant, ZTE, pose a risk to the EU's security.