After Huawei, the US considered adding 5 Chinese technology giants to the list of banned ones

Tram Ho

The US government is considering whether to put Hikvision, Dahua and other 3 companies on the blacklist.

According to a Bloomberg report, it is likely that five more Chinese technology companies will be blacklisted by the US and apply a ban on Huawei. Most of them are equipment manufacturers and surveillance cameras.

The US government is considering whether to put Hikvision, Dahua and other 3 companies on the blacklist. This means that these companies will face a ban on the import of components and software from US companies.

The source of Bloomberg said, Hikvision's monitoring equipment and face detection technology or Dahua can be used in spying activities. Face detection technology is currently very popularly used in China, with the aim of monitoring and evaluating people, while also helping to detect criminals who are hiding.

As soon as this report was announced, the stock prices of both Hikvision and Dahua companies plunged. Hikvision and Dahua are the two largest monitoring hardware companies in the world, while the other 3 companies specialize in image processing technology.

Hikvision's representative said the company hopes to be treated fairly. Meanwhile Dahua's representative has not commented yet.

Reference: Bloomberg

Share the news now

Source : genk