U.S. Government Concerned Over Chinese Desire to Acquire Seagate

["Paul Ferguson" <fergdawg () netzero net>]

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John Markoff:

[snip]

A Chinese technology company has expressed interest in buying a maker of
computer disk drives in the United States, raising concerns among American
government officials about the risks to national security in transferring
high technology to China.

The overture, which was disclosed by the chief executive of one of the two
remaining drive makers in the United States, William D. Watkins of Seagate
Technology, has resurrected the issues of economic competitiveness and
national security raised three years ago when Lenovo, a Chinese computer
maker, bought I.B.M.’s personal computer business.

Tensions have been increasing lately between the countries over China’s
ambitions in developing its military abilities and advanced technologies
for industrial and consumer uses.

[snip]

More:
http://www.nytimes.com/2007/08/25/business/worldbusiness/25drive.html

- - ferg

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--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg(at)netzero.net
 ferg's tech blog: http://fergdawg.blogspot.com/


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