To: marcher who wrote (173365 ) 6/18/2021 11:07:23 PM From: TobagoJack Read Replies (1) | Respond to here is another example of what passes for thought out and rational strategy, and astute tactics, that would be excellent for milling precious time, boosting inflation, encouraging misallocation of resources, and and andsecurityinfowatch.com "FCC moves one step closer to banning Hikvision, Dahua products "The real risk for the U.S. is that Chinese companies develop yet another new technology at massive scale that American manufacturers will have to chase.Looking in the rear-view mirror won’t help the U.S. get ahead. bloomberg.com U.S. Ban on Chinese Spy Cameras Will Ultimately Backfire Anjani Trivedi proposed a ban on use of certain telecommunications products and other electronics made by Chinese companies, including one of the world’s largest makers of surveillance cameras, Hangzhou Hikvision Digital Technology Co., and Dahua Technology Co. The order , which cites alleged national security risks, also seeks to forbid future U.S. sales and could revoke prior authorizations for the equipment. Hikvision said it “strongly opposes” the FCC's measure while Dahua called it “unwarranted.”many better alternatives , and looking for new products or phasing out old ones will be a long process that wouldn’t necessarily undo any alleged damage to privacy or security — if there's been any at all . In some cases, such technology has been seen as a benefit. In 2018, the Memphis Police Department, which had bought hundreds of Hikvision cameras in the preceding decade, said the devices helped it make up to 100 arrests a year , according to a Wall Street Journal report at the time. found support domestically , and has beefed up its research and development efforts. In its latest annual report, it noted that R&D spending was 6.38 billion yuan (around $1 billion), or 10.04% of its total operating income, with expenses up 16%. The company also noted it had over 20,000 personnel focused on this area and other technical services. Operating income from innovative businesses grew almost 40% last year, compared with around 8% for older technologies and equipment. cloud services a strategic priority and last year, amid the pandemic, revenue from this line grew 168%. are well on their way to creating wide 5G infrastructure, importing machines from Japan and constructing tens of thousands of base stations — the nuts and bolts of building out the next generation in telecommunication. It has now become a central part of China’s industrial policy for the next five years.The real risk for the U.S. is that Chinese companies develop yet another new technology at massive scale that American manufacturers will have to chase.Looking in the rear-view mirror won’t help the U.S. get ahead. atrivedi39@bloomberg.net rrosenthal21@bloomberg.net LEARN MORE
