HIKVision

The full capabilities of facial recognition technology are well-known, primarily through its use by the Chinese government, but its use in The West has so far been limited by regulation and public opinion. This winter, however, an operation by the UK’s London Metropolitan Police Force (MET) has implemented facial recognition to make a number of […]

Security and sustainability are two aspects of modern buildings that don’t often overlap. Security evades sustainability by being more important in many respects, protecting people and assets today, while sustainability protects them for the future. However, as the number of video surveillance products in action proliferate rapidly, the environmental cost of such security has become […]

Geopolitical tensions between the United States and China have continued to escalate in recent years, resulting in a series of tit-for-tat legislative actions aimed at restricting access to each other’s markets. These actions have especially impacted the video surveillance market, with the US government banning products from major Chinese manufacturers and Chinese firms developing alternatives […]

In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd) focusing on their 2022 financial results, based on their 2022 Annual Report and analyst reports. This article updates our previous analysis. Hikvision is the world’s largest manufacturer of video surveillance equipment. Established in 2001, the Company was […]

The Physical Security industry has found itself on the frontline of the US-China trade ‘war’ and its involvement could have significant implications for its future and the future of the wider smart buildings and cities technology markets. “In recent years US-China geopolitical tensions within the physical security industry have escalated,” reports our latest security research. […]

In this Research Note, we examine the half-year financial results, ending 30th June 2022 for the major Chinese video surveillance giants, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd.) and Dahua Technology (Zhejiang Dahua Technology Co. Ltd.) in the context of previous results, their overall strategies, growth and Memoori market analysis. This Note is based on company financial reports for the […]

In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd) focusing on 2021 financial results and the group strategy to broaden its remit beyond its video surveillance business, based on their 2021 Annual Report and Memoori analysis.  Hikvision is the world’s largest manufacturer of video surveillance equipment. Established in 2001, the Company was listed […]

“Tensions over alleged human rights violations and the ongoing trade war between China and the US has seen legislative moves, new sanctions, and tit-for-tat trade barriers erected that significantly disrupt the flow of physical security products between the two nations, and the ability of their respective manufacturers to trade in their respective markets,” explains our latest […]