U.S. Sanctions Set to Bite Hikvision – But Bigger China Tech Threats Like YTMC Still Loom

The Financial Times reports that the U.S. government is preparing to sanction Hikvision, the Chinese surveillance technology giant. If enacted, these sanctions would cause an untold number of companies and foreign governments to run the risk of being sanctioned themselves, should they continue to use Hikvision equipment. There will be no choice but for companies and governments to rip and replace Hikvision technologies. This news of potential U.S. government action is certainly welcome. Not only could it help to stifle the Chinese government’s campaign of surreptitiously gathering mass quantities of data on the world’s citizens, but given that Hikvision has been known to put storage particles from YMTC in its gear, it could also  impact the chipmaker with deep ties… Read More