Monday, January 30, 2023
HomeMarketU.S. expands bans of Chinese security cameras and network equipment

U.S. expands bans of Chinese security cameras and network equipment

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The Federal Communications Commission voted 4-0 to ban sales of new telecom and surveillance equipment made by several Chinese companies, arguing that their ownership and practices threaten U.S. national security.

The rule change affects 10 companies already subject to other restrictions and prohibits them from marketing or importing new products. They include security-camera makers Hangzhou Hikvision Digital Technology Co.
002415,
-0.96%,
 Hytera Communications Corp.
002583,
-1.43%
 and Zhejiang Dahua Technology Co.
002236,
-0.42%
 and telecom equipment makers Huawei Technologies Co. and ZTE Corp.
000063,
+0.66%
 

The FCC made its order public Friday.

A Huawei spokeswoman declined to comment. The technology companies have spent months protesting the proposed bans in regulatory filings.

Huawei and ZTE have long faced pressure from U.S. national-security hawks, and the surveillance-equipment makers are more recent targets of regulators’ oversight. Russian security software maker Kaspersky Lab is also on the list of tech companies covered by the sanctions.

An expanded version of this story appears on WSJ.com.

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Credit: marketwatch.com

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