FBI chief says agency 'deeply concerned' about any company like China's ZTE

FBI chief says agency 'deeply concerned' about any company like China's ZTE

Reuters  | May 16, 2018 05:44PM ET

FBI chief says agency 'deeply concerned' about any company like China's ZTE

WASHINGTON (Reuters) - FBI Director Christopher Wray told a Senate panel on Wednesday that the law enforcement agency is "deeply concerned" about any company like China's ZTE (HK:0763) gaining positions of power in the U.S. telecommunications market.

Wray also said he was not aware if President Donald Trump made any attempt to consult with the FBI for its views before he recently sent a note on Twitter promising to help ZTE restore jobs after U.S. sanctions prompted it to suspend its main business operations.

"We the FBI remain deeply concerned that any company beholden to foreign governments that don't share our values are not companies that we want to be gaining positions of power inside our telecommunications network," Wray told the panel. "That gives them the capacity to maliciously modify or steal information, that gives them the capacity to conduct undetected espionage."

© Reuters. Director of the Federal Bureau of Investigation Christopher Wray testifies about the FBI budget proposal in Washington

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