Impacted by the U.S. sanctions, Chinese surveillance tech giant Hikvision recently reported the worst performance in its 20-year history, with revenue and net profits dwindling. Hikvision admitted in its 2022 annual report (pdf) released on April 15 that the company had experienced negative profit growth, something it had never seen in the 21 years since…
Governments Warned Chinese Cellular Chips Pose Next Biggest Threat
Using data collected in microchips, the Chinese Communist Party (CCP) could monitor activities all over the world in people’s homes as well as weapons deployment, a report warned. The report (pdf), written by British China researcher and former diplomat Charles Parton for Washington-based consultancy OODA, called on free and open countries to ban Chinese-manufactured IoT modules…
OMNIQ Scoops $7.8 Million Contract From Top US Food Distributor
OMNIQ Corp. won a $7.8 million purchase agreement from one of the largest food distributors in the U.S. and North America. OMNIQ will have to supply mobile computerized IoT equipment designed to collect, identify, track and trace assets, and share and connect as part of the supply chain system of the customer. OMNIQ has now…
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