Meng Wanzhou, the Chinese tech company’s chief financial officer, was detained in Vancouver on Saturday at the request of US authorities.
The US and Canadian governments haven’t specified what charges Meng faces, but her arrest follows reports this year that the US Justice Department was investigating whether Huawei violated American sanctions on Iran.
It has been a really tough year for the tech company.
“This type of action will affect the atmosphere around the negotiations — making them less likely to bring a sustainable settlement,” the Eurasia Group analysts said about the trade war between China and the U.S.A.
On Wednesday, UK telecoms group BT (BT) said it would not buy equipment from Huawei for the core of its next generation wireless network.
BT also said it would remove existing Huawei technology from the heart of its 4G network within two years.
Huawei’s ambitions of becoming a global leader in 5G technology took a major hit in August, when Australia blocked Huawei from providing 5G equipment for the country’s wireless networks.
The Australian government said that the involvement of telecom equipment suppliers “who are likely to be subject to extrajudicial directions from a foreign government that conflict with Australian law” could mean the country’s wireless carriers are unable “to adequately protect a 5G network from unauthorized access or interference.”
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