Chinese State-Controlled company Nuctech is the biggest threat to the global Security Screening market as Huawei is a threat in 5G market. This present threat to the Global Market can be understood by an analogy that an enemy Terrorist is kept as a guard to your strategic assets because the Terrorist offered his services at cheap prices.
The government of Canada has awarded an estimated $6.8 million contract to Nuctech, the state-owned Chinese company, to supply security equipment for 170 embassies, consulates and high commissions around the globe.
A security industry source said that the X-ray machines are stand-alone systems that would not be connected to embassy networks. But he said he is concerned that there will now be “significant pieces of Chinese technology sitting in every embassy”. The contract includes delivery, installation, operator training and software.
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