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Chinese trading group claims Intel is ignoring…

Chinese trading group claims Intel is ignoring…

Troubled US chipmaker Intel faced a new obstacle: The Cyber ​​Security Association of China accused it of failing to disclose security flaws in its CPUs and called for a thorough review of its products.

In a statement on Weixin, the Chinese version of WeChat, the association recommended reviewing the network security of Intel products sold in China to “effectively protect China’s national security and the legitimate rights and interests of Chinese consumers.”

The association claimed multiple vulnerabilities and high failure rates had been found in its CPUs and suggested the company had failed to respond to customer complaints, citing data from a five-party class action lawsuit in the US.

Intel also secretly installed remote management capabilities to monitor server activity, claiming that hidden backdoors “put network and information security at risk,” the association added.

China accounted for about a quarter of Intel’s $54.2 billion in annual revenue in 2023.

The company’s stock price has fallen since it posted a net loss of $1.6 billion in the second quarter and announced plans to cut 15,000 jobs.

Industry insiders see the claims as retaliation against the company, which, according to the association, restricted deliveries to domestic companies Huawei and ZTE.

In July, the U.S. government revoked export licenses that allowed Intel to supply goods to Huawei, with eight licenses affected by a Commerce Department mandate.