| ZURICH, SWITZERLAND, JANUARY 19, 2024 | On Letter from U.S. House of Representatives Committees | ABB has been a headline in today's media news flow. Please see below our related comments: - ABB is a leading global supplier of electrical and automation systems. We supply standardized electrical and automation software and hardware for cranes used in ports around the world, including the US. ABB’s crane software technology is supplier-independent and installed on cranes manufactured by major crane builders including Chinese companies. These cranes are bought by US ports from Chinese and other companies, not from ABB.
- ABB confirms receipt of the letter this week from the U.S. House of Representatives Committee on Homeland Security and the Select Committee on the Strategic Competition between the United States and the Chinese Communist Party. We are reviewing the letter and intend to provide a response as appropriate. We take the Committees’ request seriously.
- Since July 2023, ABB has been engaging with the Committees to respond to their requests with care. We are operating in line with all relevant US regulations and have provided timely responses.
If you have further questions, please do not hesitate to contact us. | —
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