How *** ** $*.* ******* *** ***** ************?
******* *** ****** ******* of ****, ********, *******, Milestone, *****, *******, ****, and ******* *** **** is ~$*.* *******. **'* a ********** ****** *** the ***** ************ ********.
Excludes Manufacturing and *&*
**** **** ***********, *** $1.5 ******* ** *** West ** ********* *** sales, ********* *** *******, as ********* **** *********** all ************* *** *&* inside ** *****. *** inside *****, ******* $*.* billion ** ******* ********** money **** ** **** for ********* *****.
Unconcerned ***** *******
**** $*.* ******* *** drive * *********** ********* amount ** ********* ** the ****, *********** **** by *********'* *********** ** absorb ****** ** **** continue ** **** *****.
** **** ***** **** any *********** ******* ** **** ******** be ** *********** ***** profits. *** **** ******* allows **** ** ******** with **** *** *** longer.
Major ************ ********
**************:
"********* ** '****** ****' to *** **** ** acquiring ****** *** ******** industry, *** **** ********* does ************ *&* ** its *** ** **** area.
*** ** ***********, ********* is **** ****** ** 'look ******' *****, ** said. **** *** **** access ******* ** *********, or ** *** **** a **** ** ******** that’s ******** ** ******** security."
***** *** ********** ********* has **** ******* ** undercutting ****** ** ** far **** **** ********* to ****** **** ********* from ********* **** ****, Arecont, ****, *******, ***., rather **** ****** *** of ****.
$10 ******* *** ****
****** *****, ********* ********* ************ $** ******* *** revenue ****. *** ****, Hikvision **** ** ~$* billion ***** *******, **** ~$3 ******* ****** ***** and $* ******* *******.
** *** *** ****, that's '****' ** ******** of ***% *** **** are ***** ** ** 50%+ ****** ** ****, so *** ***** **** is **********. ** *** other ****, *** **** more ***** *** **** take ****** ** ***** and *** **** **** can *** ******* ********** spend ** ************ ************** beyond *** **** ****** they **** **** ** the **** *** *****?
Only * *** ***** ********* **** ******
********* ***********'* ********, ** * to ** *****, **** a *** ***** ********* will ** **** ** the ***** ************ ********.

******, **** ***** **** ********* help ******* ** ********* that ****.
Western *********
** ** ***** **** money **** ********** ** guaranteed. ********* ***** **** mistakes, **** ***** ** impacted ** ******* ** the ******* ******* ** government, ** ** ********* expands ****, *** *********** response ***** ******, ***. Indeed, ** **** *****, the ******* ********** *** decide ** **** ** stop *********** *********.
*******, $*.* ******* ** an ******* *** ************* amount for *** ***** ************ company ** *** *** ************* expansion.
Comments (22)
Undisclosed Integrator #1
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James Wickes
The prospect of an organisation that is effectively owned by the Chinese government having such a hold over the visual surveillance/security market does raise questions around ..... security.
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Sean Nelson
12/18/15 02:36pm
I will say that Hikvision has the clearest and most confident plans out of all of the Chinese companies which is why I think they have been so successful. They are focused on doing what they want to do and being the best at it and they dont care what anyone else thinks. The problem that I see, is that most other Chinese manufacturers are focused on trying to be Hikvision or trying to beat Hikvision. Dont try to beat Hikvision, you wont win at this point, just focus on being your own company and be amazing at it, try to differentiate in either your products or services you offer. If you offer similar products, then be better at the service that you offer to customers. A simple lesson in survive and adapt.
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Undisclosed Manufacturer #2
there will eventually be s high water mark for China Inc, then watch the nasty slide as 800 million peasants demand electricity instead of their work subsidizing China Inc market distortive activities
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Constantine Platt
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Undisclosed #3
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Undisclosed Manufacturer #4
I cannot see Western governments, particularly in these extreme times, allowing Chinese Government financed companies to dominate a particular market....particularly when that market is electronic surveillance that has a heavy bias towards internet/cloud connectivity......
I think HIK will dominate the retail and consumer/home market with it's products but those extremely high security verticals such as military, aviation, transportation, utilities (petrochem/oil/gas/electricity/water) will still attract specialist and niche product manufacturers that deliver a bespoke solution appropriate to the application rather than a 'fit from a range'......
Do not under estimate companies such as FLIR....they are aligning their focus on surveillance more and more and in the West, their brand image is strong - price is always an issue but if they address that then their status will hold strong against the likes of Far Eastern competition.
it is concerning that a company like HIK can dominate purely due to government investment, but I personally think they will dominate a certain sector of the industry and not the whole of it.
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Undisclosed Manufacturer #5
shouldn't our government be protecting our markets?
Anyone buying or installing HikVision in the US is a pawn of the Chinese Govt pure and simple-I don't want to say what that makes a US citizen actually working for HikVision but you can figure that out for yourself.
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Dennis Dyer
I think we could be opening Pandora's box. Is this much different than Pelco in their hay day? Hikvision still has to execute on all of this. There are a bunch of small nimble low cost Mg's in China that will still be around. Low cost mfg is moving to Vietnam and China will eventually have to deal with labor relations just like Taiwan, South Korea and Japan have had to.
Mfg Automation and product specialization will also keep Hikvision on there toes. On the Macro side of things - China has 15% top line Corporate tax rate - we (USA) have the highest corporate tax rate in the developed world and a broken banking system - anybody want to know how that impacts all of it?
There will be upheaval, but most of you will survive and thrive because we are the innovators of the world. The competition isn't going to simply lay down, it's not in our DNA. We will be fine.
Merry Christmas, Happy Holidays, and Happy New Year to all.
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Undisclosed #3
Hay Day is a fremium mobile farming app for iOS and Android.
I believe the term you gentlemen are looking for is heyday.
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Konstantin Avramenko
Dec 22 Hangzhou Hikvision Digital Technology Co Ltd
* Says plans to issue offshore bonds worth up to 600 million euros ($654.96 million)
Source text in Chinese: bit.ly/1mxqpEX
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