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The day of reckoning has come for Huawei, as the U.S. Justice Department has unsealed a 13-count indictment against the world's largest telecommunications equipment manager. Watch live in the player above. The charges against Meng, which include bank and wire fraud, were not unsealed until Monday.

Huawei allegedly wanted to build its own Tappy robot for testing phones before its handsets were sent to T-Mobile, so its engineers secretly took the robot's photos and measurements.

Meng was arrested in Canada at the request of American officials on December 1, and is being detained in Vancouver pending extradition proceedings.

The seriousness of these charges primarily surrounds Huawei's alleged violation of the US sanctions against Iran.

In that civil case, T-Mobile accused Huawei of stealing proprietary robotics technology that the telecom company used to diagnose quality control issues in mobile phones.

This story is developing and will be updated.

Whitaker said some of the behavior documented in the criminal counts goes back to 2007 at Huawei, some of it also going to the very top ranks of its leadership.

The indictments allege that Huawei, its affiliate in Iran, and Meng committed a host of crimes, ranging from stealing trade secrets to obstruction of justice.

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According to the indictment, Huawei tried to steal T-Mobile USA trade secrets, and even allegedly offered employees bonuses if they managed to steal confidential info from companies.

USA commerce secretary Wilbur Ross stated that the Huawei charges were "wholly separate" from ongoing trade negotiations with China.

Washington has said it wants to try Meng on the allegations because, in her position as chief financial officer, she spoke directly to US banks that loaned money.

Tensions have been on the rise between Huawei and the USA government for some time, with government officials citing concerns that Huawei equipment could be used by the Chinese government for spying.

That plot appeared to thicken Monday when, less than an hour before the Department of Justice news conference was to begin, the White House announced that its team of high-level economic advisers would meet a delegation from China on Wednesday for two days of trade talks.

Prosecutors in Manhattan said that Huawei concealed its relationship with Skycom Tech Co. Huawei and Huawei USA are charged with conspiracy to obstruct justice related to the grand jury investigation in the Eastern District of NY.

The US Justice Department has announced charges against China's Huawei Technologies, the company's CFO Meng Wanzhou, and two affiliates.