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-0.0847457627118644 -0.0847457627118644 -0.0875706214689266 -0.110169491525424 -0.097457627118644 -0.107344632768362 -0.0946327683615819 -0.0932203389830509
Stock impact report

Lawmakers say that China's reported use of a microchip to target tech giants like Amazon and Apple shows the 'lengths that Beijing will go to in order to steal' America's secrets [The Busi...

ZTE CORP UNSP/ADR (ZTCOY) 
NASDAQ:AMEX Investor Relations: zte.com.cn/global/about/investorrelations
Bloomberg reported Thursday that Chinese officials were able to slip malicious microchips onto motherboards used by the US government and American tech giants, including Apple and Amazon. While the companies strongly denied the report, lawmakers in both the House and Senate said that they were looking closely into the allegations. Lawmakers also told Business Insider that the report is another example of China's sustained campaign to infiltrate the US and steal industrial and political secrets. The Chinese government's reported attempts to target major tech companies with malicious hardware drew a sharp rebuke from lawmakers in Washington who said it was the latest example of China's aggression towards the US. A Bloomberg Businessweek report Thursday alleged that Chinese government officials were able to slip tiny microchips into hardware from Supermicro, a major motherboard supplier, which could then swipe information from affected data centers. A Show less Read more
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