Apple (AAPL) Will Allow Network Security Inspections by Chinese Officials

Apple (Nasdaq: APPL) is planning to allow Chinese regulators to security inspections as it looks to calm speculation that the company's devices are being used to gather information for foreign governments.

AppleInsider said that China's State Internet Information Office will conduct the network safety inspections on iOS-equipped products.

Apple CEO Tim Cook met with State Internet Information Office head Lu Wei last month. In part, Cook assured Lu that there were no back doors to its products and there never will be.

You May Also Be Interested In

• Active options: AAPL MU TSLA SPCX NFLX AMD MSFT NBIS ORCL WBD
• BofA expects Apple to top analyst expectations on July 30
• GE Vernova Q2 orders seen surging 59% on gas demand, BofA says