2024-01-05 17:28:47
Quectel Wireless Solutions, a global provider of IoT solutions, has issued the following statement responding to the recent request made to the Biden Administration by the US House of Representatives Select Committee on China to consider banning US investments in the company’s shares.
“We are disappointed to note continued false allegations from the China Select Committee regarding Quectel and its alleged cooperation with the Chinese Communist Party (CCP) and the People’s Liberation Army (PLA). Quectel is not owned, controlled or directed by the PCC or the ELP. We are an independent company, publicly traded on the Shanghai stock exchange, operating internationally,” said Norbert Muhrer, President and Sales Director of Quectel Wireless Solutions.
He added: “Select Committee leaders also incorrectly state in a press release and on X (Twitter) that they are asking federal departments to “blacklist” Quectel. In fact, even if Quectel were placed on the Select Committee’s suggested lists, which is unfounded, the only impact would be to block US investments in Quectel securities. Quectel would not be banned from selling any of its products, that is, it would not be blacklisted. The misuse of the term by the committee has caused unnecessary irritation among the customers we serve well.
“Quectel maintains the highest data security and privacy standards in the industry. Our products, designed for civilian and commercial use only, exceed industry standards and best practices across multiple security and compliance measures. We comply with all U.S. and international export control and sanctions laws. We do not sell to any person or institution in Russia, Belarus, Cuba, Iran, North Korea, Syria or Crimea, nor do we sell to military manufacturers anywhere. We require our distributors and resellers to meet the same restrictions. Furthermore, Quectel’s compliance approach, reflected in strict and auditable technical policies and measures, goes beyond industry best practices and the practices of other module suppliers.”
“We look forward to speaking with U.S. government officials to correct errors and misunderstandings in the Select Committee letter, as well as demonstrate that our activities are in full compliance with U.S. laws and regulations,” Mr. Muhrer continued.
Quectel is committed to providing high-quality, best-in-class secure modules and exceeding industry standard practices for cybersecurity. Quectel engaged Finite State to perform independent audits and penetration testing of Quectel modules in July 2023. In September, Quectel shared results that show its products substantially exceed industry standards and best practices across multiple security measures.
“In addition to penetration testing of our core modules, we share Software Bill of Materials (SBOM) and Vulnerability Exploitability Exchange (VEX) documents for our modules, an industry first among IoT module manufacturers. Quectel modules have achieved certifications from more than 80 world-leading operators, and we have received more than 200 FCC certifications in the last two years alone. Our modules meet the rigorous standards of regulatory and compliance bodies such as CE, FCC, GCF, PCS, PTCRB, Bluetooth® SIG and Wi-Fi Alliance,” said Mr. Muhrer.
Quectel is committed to maintaining the highest standards of security, privacy and compliance in the IoT sector and actively cooperating with international partners to deliver a safer, smarter and more connected future.
About Quectel
Quectel’s passion for a smarter world drives us to accelerate innovation in IoT. As a highly customer-centric organization, we are a global IoT solutions provider backed by excellent support and services. Our growing international team of 5,900 professionals sets the pace for module innovation cell phones, GNSS, Wi-Fi e Bluetooth as well as antennas and services.
With offices and support around the world, our international leadership is dedicated to advancing IoT and helping to build a smarter world.
For more information, visit: www.quectel.com, LinkedIn, Facebook e X.
The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.
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Source: BUSINESS WIRE
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