China Internet Space Security Association: Vulnerabilities and high failure rates should be systematically checked for cybersecurity risks of Intel products

【Lead】China Cyber Security Association: Vulnerabilities and High Failure Rates Should Be Systematically Examined for Intel's Cybersecurity Risks in China

China Fund News Reporter Tayler

China Suddenly Takes Action, Intel's Stock Plunges!

On the afternoon of the 16th, the China Cyber Security Association issued a statement, saying that Intel's security vulnerabilities are frequent and the failure rate is high, and it should systematically examine the cybersecurity risks of Intel's products in China!

The article said that Intel's global annual revenue of more than US$50 billion, nearly one-fourth of which comes from the Chinese market. In 2021, Intel's CPU accounted for about 77% of the domestic desktop market and about 81% of the notebook market; in 2022, Intel's x86 server market share in China was about 91%. Intel has made a lot of money in China, but the company has done things that harm China's interests and threaten China's national security.

The article shows that it is suggested to start a cybersecurity review of Intel's products sold in China, and effectively safeguard China's national security and the legitimate rights and interests of Chinese consumers.

The full text of the article is as follows:

According to the information, the China Cyber Security Association (CyberSecurity Association of China) was established in Beijing on March 25, 2016. It is a national, industry, and non-profit organization composed of institutions, enterprises, and individuals in China that are engaged in network space security-related industries, education, research, and applications. It is supervised by the Business Supervision Department of the National Internet Information Office and the Social Organization Registration Management Department of the Ministry of Civil Affairs.

After the news came out, Intel's stock price plummeted before the market, now down about 3%.