Tag: ZTE

Lenovo, ZTE Shares Tumble as Investors Fret Over Impact of Chip Hack Report

Shares in Lenovo Group and ZTE Corp plunged on Friday, hurt by concerns their sales could suffer in the wake of a Bloomberg report that US companies’ systems had been infiltrated by malicious computer chips inserted by Chinese spies. Bloomberg Businessweek cited 17 unidentified sources from intelligence agencies and business that Chinese spies had placed computer chips