The U.S. Justice Department is in talks about a possible resolution in the legal case against the chief financial officer of Huawei Technologies Co., according to a person familiar with the matter, a simmering dispute that has fueled a clash between the world’s two biggest economies.
No deal or terms have been reached in the discussion about the fate of Meng Wanzhou, said the person, asking not to be identified because the matter is private.
Justice officials and lawyers have discussed the prospect of a deferred prosecution agreement related to wire and bank fraud charges, which would allow Meng to return home to China from Canada in exchange for admitting wrongdoing in the criminal case.
Rumors in the industry are that exchange can be to the special written agreement from Huawei to never use TSMC 5nm and upcoming 3nm processes. Huawei will be also asked to put special fund (around $35 billions USD) that will be seized by US in case they will break promise.
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