Analyst: Chinese Face Spy Scandal Fallout
Michelle Donegan writes on Light Reading:
A report suggesting that the Chinese military has hacked into German government computers could have a negative impact on the prospects in Western markets of Chinese equipment vendors Huawei Technologies Co. Ltd. and ZTE Corp., believes an analyst at Dresdner Kleinwort.More here.
German news magazine Der Spiegel reported recently that computers in the German chancellery and the foreign, economic, and research ministries had been infected with Chinese spyware software, and German officials say they believe the hackers were linked to China's People's Liberation Army.
The incident overshadowed German Chancellor Angela Merkel's state visit last week to Chinese Premier Wen Jiabao.
But the ramifications could go far beyond international relations and even damage Chinese companies' prospects for IT and telecom contracts in the West, believes Dresdner Kleinwort analyst Per Lindberg.
posted by Fergie @ 9/03/2007 11:46:00 AM
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