Hikvision President Addresses AI and USA Challenges

By: Charles Rollet, Published on Oct 31, 2018

In frank recent China interviews, Hikvision's President Hu Yangzhong has addressed challenges impacting the video surveillance industry and Hikvision, in particular, saying the world's largest security manufacturer is now focusing on "survival" as opposed to breakneck growth.

In this note, we examine Yangzhong’s remarks:

  • downplaying the AI trend Hikvision has so heavily promoted
  • addressing Hikvision’s USA challenges, including a pledge to be “more transparent”
  • bemoaning industry fragmentation
  • criticizing other's big discounts and promotions

Overall, the comments mark a significant change from Hikvision’s often bullish past proclamations, indicating the company is attempting to manage expectations amid crashing stock prices and decelerating growth.

AI Not Such a Big Deal After All

** ***** ****** ***** interviews, *********'* ********* ** Yangzhong *** ********* ********** impacting *** ***** ************ industry *** *********, ** particular, ****** *** *****'* largest ******** ************ ** now ******** ** "********" as ******* ** ********* growth.

** **** ****, ** examine *********’* *******:

  • *********** *** ** ***** Hikvision *** ** ******* promoted
  • ********** *********’* *** **********, including * ****** ** be “**** ***********”
  • ********* ******** *************
  • *********** *****'* *** ********* and **********

*******, *** ******** **** a *********** ****** **** Hikvision’s ***** ******* **** proclamations, ********** *** ******* is ********** ** ****** expectations ************ ***** ********************* ******.

AI *** **** * *** **** ***** ***

[***************]

********* ****** ********** *** AI ***** ** *********** **** ******* **** news ****** ********:

  • “** **** ********, ** need **** ***** ********* skills ****** **** **. AI ** *** * panacea.”
  • “****** **** ****. *** if *****’* ** ****, someone’s *** ** ****** it. *** ** *****, most ****** *** **** seeing ** ********.” (********* also **** ********* *** “not *********” ********** *** own ** ****.)
  • “*** ** ********* **** have ******* *** ******** industry… **** **** ** the ***** *** ***** 3 ** * ***** but ***** *** **** limited ******* ** **** applications [** ***** ********.]”
  • “**’* **** ********* [*** AI ** ****** *** landscape ** *** ******** market.]”
  • (**** ***** *** *********’* ** *****” **** *** *****): “This ***’* ** ******** within **** *** ** two *****. *** ********** itself ** ***** ********. Some ********** ***** **** been ***** **, *** we ******* ***** **** be **** ** *** future.”
  • “*** **** ** * ‘software-defined ******’ ** ********* copied **** ********-******* *********, storage, *** *******. **’* just ** *** *********, that’s ***.”

*** ******* *** * stunning ******** **** *********’* constant ********* ** ** technologies. *** ******* ** currently ******** ****** **************** ** *** *** 40-country “** ****,” [**** no ****** *********] ***** Western************************************** ***********’* ***** *** ** AI, *** ****, **** learning, *** *** ****.

**** ************************* **’* ******** ************** of *** ******** ******* overblown *** **** ******* to ** ********* ** an ********* **** *********.

Context: ****** ******

** ** ***** ******, however, **** *********'* *********'* AI ******* **** **** shortly ***** ***** **** giant ****** ********* ***** to ****** * “*** 3” ****** ***** ************ player ** ******* ******* AI *** *** *** line ** “********-******* *******.” (See****** ** ** “*** Three ****** ********” ** Video ************).

Response ** ** **********

** ********* ******** **** **** investors, ********* ********** ********* Yangzhong ********* ***** *********’* challenges ** *** ** and ******* ******** ** the ******* ** *** West.

**** ***** *******, ********* ** *** certain ******* ***** ************ imports **** ** ** 25% *******:

*** ******* ********* ****** our ********** ** *** U.S. ** *** ***** monitoring *** ********* ** Australia. *** ****** ** not ****** ** ** big ** ******.

** ******* **** ******* *** US ************** ****** ********* *********:

******* ******* *** ****** some ***** ************, ***** others ***** **** ********* [because ** *** ****]. The *.*. ******** ******** Association *** * **** clear ************** ** **** bill. (********* ******* ** be *********** *** ***’******* ** *** ****, ***** ******** ********* *** ****’* ****** on **** ** ********** they ***** ** **********.)

** *********’******** ********** *********:

***** ********* ** * company **** * ***** holding, **'* * ***** market-driven ********** ********, *** a ********** ***********. *** West *** * ***** misunderstanding ***** *** ******* of "***** *******"

**** **** **% ** Hikvision ** ***** ** the ******* **********, ***** Hikvision ****** ********* *** “*********** ***********”.

** *********’********* ********, ***** *** ********* hire** ***** **** ******** US ******** ***** **** year, ******* ** ***** $420,000 ** ** ********* to*** *****************:

[********] ** ******** **** difficult *** ******* ********* in **** ****'* [*********] environment. ** ** ** international *******, ********* **** go ******* **** *******, including ************* *** ** government's ******** *** **** understanding ** *********. ********* will ** **** *********** and **** *** ****** with ******** ******** ***********.

*********’* ******** ** *** US ********** *** *** fundamentally ********* **** ********************** *********. ************, **** do ******** **** ********* is ****** ***** ****** into ******* ***** ******** to ** **** *********** seems * ***** ********* that ***************** ************’* **** **** ********** so ***.

Fragmentation *******

** *********** *********, ********* **** * number ** ******** ** the ***** ** *** broader ***** ************ ******, bemoaning ******** ************* *** expressing ******** ***** *********’* current ***** (***** ** summarized ** “********” ****** than *********.)

  • “***, *** ******** ****** is ******* **** ****, but **’* ******** * small ******. *** ******’* capacity ***’* **** ***. Otherwise, ***** ***** ** companies ******** *** ******* billion **** [$** *******] level ** ****** ******* already.”
  • “** ‘*****’ * **** that *** ******** ****** is ** * **** fragmented *********, ***** ***** are ****** *** *** products *** **** *********. Lots ** ***** ****** customization. **, **’* **** complicated ** ***** * process **** *** ******* to *****’ ******* *** customization ***** *********** *** capacity ** ******* ** their *******.”
  • “** **** ***** ** need ** ***** ** how ** *******, *** to **** *** **** of ****.” [* ******* expression – ****** * bowl ** **** ***** having * ***, ****** a ******.]

********************* ***** ** *** global ***** ************ ****** at **% ** ****. While *** ******* *** kept ** *** ******** market *****, ** *** faced **** **** ********** maintaining ********* ** *** financial *******: *** ***** price ********* ** ****** **** this ******* ** ********* ************* lower ******* ****** **** quarter. (********* ****** ******** ** 2018)

Condemns “*********” ******* ** **** *******

********* **** ********* ******* internet ********* ****** *** heavy ********* ** **** customers. **** ** ********** ironic ***** *********’* ********* disruptive ***** **** *** North ******** ***** ************ market, ***** *** **** marked ******-****** ***********% *** *****:

********* **** **** **** kind ** ****** ****. We ***’* ******* ******* using ********* ******* **** burning **** ******* ******** and ************ *******. ***** users ***** **** **** as ********** ** *** beginning, *** **** **** eventually *** **** *** products ** ******* ‘*********’ [i.e. ****** **** ***** these *********].

Overall ************

***** ********* ***** ********** indicate **** ********* ** trying ** ****** ************ in *****, ********* *** sinking ***** *****.

***** ***** ** ******* breakneck ******, **, *** market *************, ********* ** now *********** “********” ***** downplaying ** *** ********* continued ****** *************.

** ***** ***** * change *** ********* *** remains ** ** **** if **** ******** ******** will ****** ** ***-******* media.

Comments (28)

*******, **** *********!

* ***** ********* ******* who ***** ********* ******* to**** *** ******** ********* in **** ** ** is * *********** ************.

** ***** ** ***** for ********* ** ** more ***********, ****** **** the **** *** ****** Hikvision *** *** **** the ***** ***** *** open **** ** *** ever **** ** *** media *** ****** ** general.

* ***** ********* ******* who ***** ********* ******* to**** *** ******** ********* in **** ** ** is * *********** ************.

** ***** * *****-********** version ** *** ********* available?

****** ********* ****** *** following *********** ********, ***** while ***********, *** ** may *** ** ******** true...

Lei ****.***: What do you think is true? What is illusion?

Hu *********: It is real thing around me, maybe it is fake in others; it is true in others that it is fake in my opinion. Often thinking that it is true, it is actually not true. 

** ***** * *****-********** version ** *** ********* available?

** *** ** ****** translate *** **. *** quotes ***** *** *** analysis ** ***** ** their *********** *** ******* they ******** ** **.

**** *******, ** *** translation * ****** ***** even ***** ** **** was ******** ******** ** Mr. **?

*** ** *** ***. Here ** *** ******* translation ** **** ********** Q&A:

********:** **** *******, ****'* real *** ****'* ****?

Hu *********: Things around me that appear real may seem fake to others. Things that other people consider 'real' could also seem fake to me. Most of the time what we think is real, is actually not. The only way to verify if something is real is to see if customers are willing to keep purchasing your products or services.
 
.
 
(********* ** ****** ** almost ************* ***** **** about ******* * ***** is **** ** ***. I ***** **'* * subtle *** ** ******, i.e. ********* ** ****** the **** *** ** tell ** ***'** ********** is ** ****** *** actually ****** **** ********, rather **** ********* ** hype.)

****** *******!

******* ** ****** ** illusion, ****** * **** persistent ***. - ****** Einstein 

 

**'* ********** ** *** someone **** *** *** the ** **** - even ** ** ** coming **** * ****** constantly ****** ** ********** on ** ****.  **'* basically ******-**** *** **********.  

********* ** ********** ******* behind.  ***** ***, *** can **** *** *** products (** *******, ****) on * ****** ******* : ******** ********.  ****** hasn't ****** *** ***** since **** ******** **** plugins, ******* ******* ******* shortly *****, ********* **** has ***** ******, *** just **** **** ** update ** ****** (***) disabled **** *******.  ** we *** **** ** IE ****.  **** ** a *** **** - HIK ****** ***'* ******* to ***** *** ********* to ****** ** ***** browser ********* ** ***'* capable.  *** **** ***** is *****.  

** *** ********** ****** our *** *** *** answers, *** *** ********** given *** *********.  ******** we've ****** **** ***** with *** ** *** past, ****** *** ******* deteriorating.  ***** **** ***** all *** ******* ********* stuff, *** **** ** their ******** *** ******* behind ** * ***** way.

*******, **** ** **** i ****** ** *** other ***. * ***** the ** *** ********* talk ** **** ******* and ******.

* ***** ** **** more ******* ** *** a ****** *** *** work ** *** ******** and *** **** ******* with ***** *** ***** whips **** * ***** to *** * ****** recognition. ******** *** ***** things *** * ***** jump *** ** ** seat *** ****.

**** **** ** *** cable *****.

** ***** *** ****** of * ****** *** for **** ****** *** outdoor ****** *** ****** nice, *** *** ******* of ****** ** ***** a */*** ** **** for ** **** **** applications ** ***** *** PITA. 

********* ***** ***: *** HikVision ******** **** **** Google ******. *** **** need ** ******* *** run *** ******** ******** App ** ****** ******.

- ****** ***** **** a ***** ************** **** I ***** ***** *** NPAPI ******...

**** ** * ******* response **** **** ******* manufacturers. ****** **** ***** un-realistic ****-******

... *** ***** ** mention ** ***** ******** or ******* *** **** will **** ****** ** have ********* ********* ** security ********.

**,

** ***** ******** **** than ********* *** ***** you *** ******* *****? I **** ********** ** get ******* ******* *** to ****** **** ********* to ****** *********, ***** and ***** ******* ******. We **** **** *** spying ** ** **** cameras, *** ******** ****** also **** *********, ******, Facebook, **** *** ****** are ****** *** **** or *** ** ****...

****** ***** ***** ********* more *********** *** *******.

*******,

****** *** **** ***** comment. 

*********'* ******** ** ** is ********* ** *** industry ** *****. **** article ** *** ** 'attack' *** *** **** report ******* ** *******/***** to ****** ** **** important ***********.

** ******* **** ***** things ******* ** ***** and *********. ******* ** this ****, ***** *** our * **** *************, *.*.:

****,

** * **** ** the ******** * ******** from ** *** ******** related ** ********* ** Dahua, *** * ***** regarding ***. *****, *** it's **** **% ** the *******.

 

** * **** ** the ******** * ******** from ** *** ******** related ** ********* ** Dahua

*******, *** *** ******** our *** ******** ** one ** *** *, which ** *************. ** is ** **-***** **** of * *************:

** *** *** ****** Management ******** ** ******** of **** ***** ** our "********* ** ******" Dahua *** *********? *** if ** *** *** include ***** *** *********, would *** *** ****** not **** ****** ** for ******* **** ***?

****, * ** *** defending ********* ** *****. It's **** ***** ** criticize ******** *** ****, but, **'* ** ***** also ** ***** **** quality ******* *** ******* specially ** ***** ******. There *** **** ****** that *** ** *******, we *** **** ***** the ******** ***** ***** backed ******.

*******

*******,

** *** ** ***** lots ** ****** *** I am ***** ** **** your *********** ** ******** topics ** ********* ** cover.

**** ****, ***** *** companies *** **** ****** players. ***** **** *******, we *** ***** ** continue ** ***** **** a ***.

***, *****, ***** ** take **** *********** ** other ****** ** *********. What ***** *** ********* specifically?

****,

***** ** ****** ** topics **** *** ** covered, *.*. ******* **** design, ******** ******* ********** solutions (*********** *** ******* between *********, **************, **********...), tests *** ***** ******* in *** *** ****** like *******, *******... ******** intrusion ********* *** *********** with ***** ****...

* ******** **** ** are ******** ******* ** Hikvision ** *****...

* ******* *** ** eleven *** **** ** Hikvision ** *****...

*******,

*******!  :)

*** *** **** ** have **** *** ******* and ***** ** ** you *** ***... *** please ** *** ******* to ***** *** ***** members, ********* **.

"****** ***** ***** ********* more *********** *** *******."

* **** ****** ** interesting ******* ****... *** instance, **** ********* ***** we *** ********** ** by *******.

****** :)

* ** ********** ****: "Please ***** ***** ********* more *********** *** **."

Image result for thumbs up

****** ***** ***** ********* more *********** *** **.

***** *** ******* ;)

* ***** **** ******** interesting: ******, *********'************ ************** * *****-***** ******, republished **********'* ********* **** Leiphone** *** *** *******. 

***** ****** ****** ******** stuff **** ***'* **** Communist ***************** ****** ***** ********* HQ ***** **** ********* as * ********** *** deal.

*******, *** ****** ** have **** ********* **** ?

***** *** *** **** interesting *******!

* *** *** ******** during **** ***** **** Mr.Hu *** * **** feel *** ******** ***** future. ** ** **** game ******* *** ** is ***** ** ******* the ********. *** ** needs *************, ** ** will ** ********* ** provide ** ** ****** - **** *** ********. So, ** ** ***** to ***** ************ *******!

** ********** ** *** is ** ******* **** source, **** ******** ******** on *** ******* *** NVRs ** ***** ******** companies ** *** ***** hardware **** ** *** using **. ******* **** do **. ** *** Hik, **** ******. **** see. *** **** *** only *** ** ******* most ********* ******** ******** for ***** ******.

** *****, *********** ******** on ********* *** **. We ***'* **** *** entire ********* **********; ******* if ***** *** *** particular ******** *** **** interesting, ****** ***** **** out *** ** **** translate **** *** ***.

* ********* ********* ******** ** ************** *********** ******** **, striking * ********* **** from *********. *** *********, Xu ****** (徐志军), ** the ********* *********'* ********* ********.

** **** **** *********'* ** Cloud "*** **** ******* in **** **********" *** *** "aid ***** ********** *********** implement **** **********"; ********** it ** ******* ** use ** ******* ****** in ******** *** **'**.

(******* **** ** *********'* more ***** ******* ** AI *****: "*** ********** itself ** ***** ********... Some ********** ***** **** been ***** ** *** we ******* ***** **** be **** ** *** future.")

** **** ******** *********'* "AI+ ****** ****** *******" (AI+移动警务). ****'* * ********* to ******* ****** **** ****** *** **** ************ tech **** **** ***:

image

***** **** *** ***** surveillance ******* *** ****** to******-**** ********** ***.

** **** *********'* ****** Police ******* ***** ** possible ** "******* *********** on *** ****". ** can ******* "**** **** analysis ******** *** *******", "blacklist **********", ******* ***** recognition, ***., *** "***** the ******* ** ******** using **** ***** ***". The **** *** **** equipped **** *********'* "***** ******** ******" (智能后视镜), *.*. * rearview ****** ****** ** a ****-***.

"********* **********" ****** ***** comparing ***** ************ **** to ***** ** ********, but ** ***** **** be * ********* ** finding ****** *** **** **** placed ***** **** ************ *****'* "****** ******" ******.

** **** *** ********* saying ** "**** ***** in * *** ***** of ********** *** ********" in ********, ************ ** road *********.

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