Dahua North America Branded and OEM Sales (2014-2021) Examined

Executive *******

***** ******** ***** *******'* total ***** (******* + OEM) ** ~$*** ******* USD ** ****, ******* over ** **** ~$** million ** ****. *******, OEM ***** ***** **** up ~**% ** ***** sales. ******* ***** **** from $** ******* ** 2019 ** $** ******* in ****, ********* ****** by ***** ****** *****. Dahua ******** ******* ***** in **** **** ******** ~15% ** ~$** *******. However, *** ***** ****** strong, **** ***** ********* ~$201 ******* ** ******* for ** **** *****.

**** ******** ***** ******* numbers*** * ***** ************** ** ******* ********* ********* *** ******* Dahua *** *** **-***** America *********, ******** ******* ** *********** the ******* ** **** and ****. ******* ***** ** President *** **** ********* to ***** ******* ** the *****.

FLIR *** / ***** *********** *********** ********* ******

***** ******** **** *** / ***** ** ******** 2018, **** ***** ********** generating $*** ******* ** 2017 ******* *** ****. Dahua's ***** ***** ******* jumped **% ** ****, but *** ***** *********** drove **** ********* ******.

*****'* *** ********* *** FLIR ***/ ***** **** (code **** ****** *******) in *** ********* ********** it ** ****:

***** ** * ************ company. **********, **** ********** Dahua's ********. *** ** was ********* * ****, that's *** ****'** ******** to **** *** ******* to **. **** **** our ********. **** **** our ****** *********

***** **** **** ********* considerations *** ** ** continue ** **********, ** sell **** ** *** customers ******* **** *******.

**** *** ******* *** suspended, *** **** ****** after *** *********. *** thenthe ***** **** ** negotiated *** ** *******. But ***** * ***** of ***********, *** ****** acquisition ***** *** **** $20 *******.

****: *** ********* ******** price, **** ****, *** $29 *******.

Dahua ******* ***** ******* ****- ********* ****

***** ***** ******* ****** branded ***** ******* *** 2014 *** *** **** through ****, ** **** as *** ********** *** 2021. **** **** ***** started *** ******* ******** in ***** ******* ** 2014 *** **** **** branded ******** *** * quarter **** ****. *** branded ******* *** ****-**** was *** *********.

2019 - ********* **** ******* ***** ********

** ****, *****'* ******* revenue **** ** **. However, * *********** ******* of **** ****** *** inorganic. ***** ********* ********** Dahua-made, ****-******** ******* **** Dahua ***** *******. **** estimates ***** ******* ** be ***** ~** ******* annually, ***** ***** ***** grew ******* ~$** ******* organically.

** ****, *****'* ******* revenue **** **%. *******,*** **** ** ***** camera *****, ***** **** ********* to ** ****** $**-** million ***, ***** ******.

***** ******** *** **** branded ***** ******* ** be $** ******* ***, down ~**% **** ****'* $70 ******* ***. ***** camera ***** **** ****** in **** *** *** impact ** *** **** ban/******** *** ************* ************ ******** ** ****** more *******.

Dahua ** ***** ***** ******* ****-****

***** ***** ******* **** shared ***** ***** *******, that ** ******* **** OEM *****, **** **** through ****:

H1 **** ***** ***** ******* ******, *** *******

***** ***** ******* **** reported ** **** ***** sales ******* *** $*** million. ******** ** ***** seasonality, **** ***** ***** North ******* ** ** track ** ******* *** $320 ******* ** ***** 2020 *****. *******, ******* sales *** ********* ** be **** ($** ******* in **** ******** ** $70 ******* ** ****), implying *** ***** *** increasing.

******, *****'********** **** ******* ** the ********* "** ******** ****** an ***** **** ***** in *** **** ** months" *** ********* "***** works **** ************* ** OEM ********* ** *** United ******."

** ******* ** ** OEM**** ******** ******* ** sell ***** ** ***, ***** *** **** 100 ********* ********** *** US. **** ***'* ***** footprint, ** ** *********** that *** ********* ***** tens ** ******** ** dollars ** * **** just ** ******* * few **** ***** ** each ****** (********* **** ADI ********** *** ***** reps ** **).

Dahua ** ******* *. *** ******* ********* ****-****

******** *****'* ******* ******** has *****, ***** ***** revenue ********* ** ** dominated ** *** *****. In ****, ***** ***** America **** ~** ** much ** *** ******* compared ** ******* *******.

Compare ** ********* ** ~$*** ******* ** ** ****

*******, ** ** ********** that ***** ********* ** make ~$*** ******* ** total ***** **** ** 2020 *** ****** ***** in ****. ****************** ** *** ** 2021 ****** **** *** H1 **** ******* ** the ** *** ~$*** million(** ~**% ** *** $1.4 ******* ******** ********).

***** ***** ******* *** said ** *** **** that ** *** **** about ~*/** *** **** of *********, *** ******* competitor ** *** **. If **** *********** ** correct, ** ***** **** Dahua ** *** ****** than ********* ** *** USA (***** *****, *** branded). *******, ** *** uncertain ** ****.

Future ******* - *** ************* ********** *******

*****'* ******* ***** **** already ******* ** *******, especially **** *** **** of ***** *******. ** is ******* ******* *** company **** ******** ** hold *** ******** ** millions ** ***** ******* in ***** *******, ***** the ******** *** *** on ******** *** ****** authorizations.