China Launches Probe Into Intel, Cites National Security Risks Amid Trade Tensions With US
Portfolio Pulse from Benzinga Neuro
China has launched a security review of Intel's products, citing national security risks amid ongoing trade tensions with the U.S. The review focuses on alleged flaws in Intel's CPU chips and security management. This move comes as Intel faces challenges due to U.S. export restrictions and its significant revenue from China.
October 17, 2024 | 2:29 pm
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China's security review of Intel's products, citing national security risks, could impact Intel's significant revenue from China, which accounted for 27.4% in 2023. The review focuses on alleged flaws in Intel's CPU chips and security management.
The security review by China could negatively impact Intel's business in the region, which is a significant part of its revenue. The allegations of flaws in CPU chips and security management could lead to decreased trust and sales in China, especially amid existing US export restrictions.
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