Bloomberg News

China Official Sees Risk in Foreign Security Cameras, Daily Says

March 27, 2012

China should avoid national security risks that may occur from using foreign surveillance technology in “important areas and industries,” the China Daily reported today, citing Chen Chaowu, deputy director of the Ministry of Public Security’s first research institute.

Video surveillance plays an important role in China’s efforts to fight crime and maintain social stability, the newspaper cited Chen as saying. The industry in China is still dominated by foreign companies, Chen was cited by the report as saying, without identifying specific companies.

Cisco Systems Inc. (CSCO:US), Samsung Group, Sony Corp. (6758), Canon Inc. (7751) and Panasonic Corp. control about 80 percent of the Chinese market for video surveillance equipment, China Daily reported, citing research by Frost & Sullivan.

To contact the editor responsible for this story: John Liu at jliu42@bloomberg.net


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • CSCO
    (Cisco Systems Inc)
    • $28.35 USD
    • 0.05
    • 0.18%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus