Bloomberg said that companies targeted by the United States include Ignorance, Shangtang, Ito, Maybaco, Science and Technology Daxunfei, as well as Haikangwei and Zhejiang Dahua, which were reported yesterday.
The United States banned Huawei last week, and these companies face similar bans.
According to people familiar with the matter, the United States is considering whether to blacklist Ignorance Technology, Zhejiang Dahua, Haikangwei, Shangtang Science and Technology, Ito Technology and prohibit them from using American components or software. The common feature of the five enterprises is that they belong to the field of video surveillance.
This move will exacerbate tensions between China and the United States and raise questions about whether the United States is targeting more of China's leading companies. Last week, the Trump Administration banned Huawei from using American technology, which led to a collective slump in chip manufacturing stocks in the United States, from Qualcomm to Intel, which could curb global economic growth and hinder the promotion of key next-generation wireless networks.
After the New York Times took the lead in reporting a possible ban, shares of Haikongwei and Huahua plunged.
In addition to the five companies under consideration, other companies may also make a list of so-called entities that prohibit the sale of U.S. technology without special permission, people familiar with the matter said. Chinese companies such as Haikang Weiwei and Zhejiang Dahua are the world's largest suppliers of monitoring hardware, as well as smaller competitors Eto Technology. Other companies, such as Shangtang Technology and Face parent company Open Vision Technology, focus on image processing software and rely less on American components or components.
Shangtang Technologies declined to comment, while Ignoring Technologies and Ito Technologies did not respond to Bloomberg's request for comment.
According to IHS Markit, about 176 million video surveillance cameras monitored streets, buildings and public places in China in 2016, compared with 50 million in the United States.
According to one of the people familiar with the matter, the other two companies under consideration are Maybec and HKUST Xunfei.
In the business of electronic data forensics and big data informationization, Meiya Baike's revenue in 2018 was 1.6 billion yuan, and its net profit was 303 million yuan.
HKUST Xunfei specializes in intelligent voice and language technology research, software and chip product development, voice information service and e-government system integration. In 2018, business income was 7.917 billion yuan and net profit was 542 million yuan.
Official reply: We have paid attention to the rumors in foreign media. We haven't received any official information from the U.S. government at present. We hope to receive fair and fair treatment from the U.S. government.
In recent years, it has achieved world-leading results in international competitions such as speech synthesis, speech recognition and machine reading comprehension. All of these core technologies come from its own research and development and possess independent intellectual property rights.
At present, the proportion of overseas business income is not high. With some consumer products using overseas components, the company has already taken measures to deal with extreme situations and alternatives. We believe that even if extreme circumstances occur, it will not have a significant impact on the daily operation of the University of Communications Flight.