Hikvision CEO Declares 'We Do Not Cut Rates"

JH
John Honovich
•Published Dec 02, 2016 12:51 PM

Hikvision has led another press trip to China, and this time Hikvision's CEO is sharing insights into their competitive strategy, including Hikvision's price setting strategy and how China is a free market, a fascinating contrast to Hikvision's actual moves.

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Comments (6)
UI
Undisclosed Integrator #1
•Dec 02, 2016

This is fascinating. He should come to the US and become a politician. Say one thing and do another has always been our motto.

(1)
U
Undisclosed #2
•Dec 02, 2016
IPVMU Certified
In reply to Undisclosed Integrator #1

He doesn't need to come here, he's taking notes...

In a surprising answer to a question from Mark Tarallo of Security Management Magazine regarding his personal style and philosophy, Mr. Hu responded, “When we started, we were not prepared, but we had passion and learned a lot from the U.S. A lot of thoughts, passion and interpretation in a lot of areas.”

U
Undisclosed #2
•Dec 02, 2016
IPVMU Certified

Pickup up right after your quote is another telling statement:

"...China is the most free market in the world. Investors have benefits. They do have privilege.”

(1)
UI
Undisclosed Integrator #3
•Dec 03, 2016

In China they set the pricing?

(1)
UI
Undisclosed Integrator #4
•Dec 03, 2016

It's incredible how people can completely lie, know they are lying, and possibly know that there is a great percentage of people that know they are lying as well, and still think it's worth lying? It does sound remotely like US political talk but I don't think anybody could be that stupid as this individual.

(1)
U
Undisclosed #2
•Dec 04, 2016
IPVMU Certified
In reply to Undisclosed Integrator #4

It does sound remotely like US political talk...

Possibly a particularly bad year to compare lies, though.

Btw, here's some brazen lying:

Starnight Claims Swann Started Hikvision In Australia