Hikvision Desperate And Destructive Slashing

Author: John Honovich, Published on Jul 27, 2016

Now a 20% across the board price cut.

[Update: and another one less than a month later.]

Hikvision has taken their price slashing to a whole other level. And it is bad news, for Hikvision and their competitors.

Inside, we examine Hikvision's (at least) 5th sale so far this year, looking at what it means for them and the industry.

*** * **% ****** *** ***** ***** ***.

[******: *** ******* *** **** **** * ***** *****.]

********* *** ***** ***** ***** ******** ** * ***** ***** level. *** ** ** *** ****, *** ********* *** ***** ***********.

******, ** ******* *********'* (** *****) *** **** ** *** **** year, ******* ** **** ** ***** *** **** *** *** industry.

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

Cuts *******

** *** **** ****, ********* *** *** ****** ** ****** *** board ***** **** / *****, ***** ***** ***** ** ** sale. ** *** *** ** ****, **** *** **% ****** the *****, ******** ** ** ***** * **** **% ****** the ***** **** ** *** ********* ******. *** ******** *** ***** July ***. ** ******* **** ****: ********* ******** ** ****** *** ***** *****.

20% *** ***

***, ********* *** ******* ***, **** ** **** *****. **** Friday, *** *******:

*****! * ********* **** **** ****** ** ******! * **** Only!

*** **** ********* *** ******* *****:

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

**** ** *** ** / *********:

 

*** *** ***********: *** ******** **** **** ********* **%, **** just *** ** **%, ***** **** *** ***** *** ** 20%. *** ***** **** *** ** ******* ** ******** *** quantity ******. **** *** ******** ****** ********** ****** ** *** increasing *********.

Extremely ********

******* *** ****** **** ** **** ** ***, ** ** certainly ********* ********:

  • *** ********* ** **** *****, ****** ***** *****, ** ****** unprecedented.
  • **** **** ** *** ***** ******* *** ******* ** *** products ** ***** ******** ** **** ***** *** **** ******** / limited.
  • *** **** ** *** ******** (*** ** **%) ** *************** **** for ** ****** *** ***** ****.

UPDATE: ******* *** * **** *****

**** * **** ***** *** **** ***, ********* *** ******* across *** ***** **** ** ***.

**** ****, ** ** **% **** **, **** *** ***** all ******** *******, ****, **** ****** **** ** ** **** point:

*** *** ***-** *** ** ****** *** ***** ********* ****:

Update: ******* **% ***

**** **** * ***** ***** *** **** **% *********, ******* one:

Desperate ****

**** ** * ********* (*** ***********) **** ** *********. ** believe **** **** *********** ****** ************ *** *** ********** **** the ******** ** * ************ **** ******* ******** ****** *********** ******* economic ******.

*********'* *** ********************** ** ** **** ****** ** ***** ***** *** **** is ******** *** ******. *******, ********* *** ***** *********** ***** ** ********* ***** *** ****** *************, ********* *** ******* ****. **** **** *********** ***** ******* to ***** ***** *****. ****** ** **** ** ** '** volume' ** *** ********* **** *** ***** ***** ********** **** additional ****.

***********

**** ******** ** ***********, *** **** ********* *** ***** ***********.

*** *********, **** **** *** ********* ** *** ******* **** could ******* ** ******** ***** ** ***** ********** *********. ********* has ***** * ****-******** *****, **** *** ******* ******* *** support. ***** '********' ****** *** ******* ***** ***. **** *********** means **** ****, **** ******* *** ***** ** *** ********* at '****' *****. ** ********, ****** *** ***** ***** **** a ***** ****** *** ********* ***** **** ***** *** ***** customers ** ****** *** ** ****. **** ** **** *** the ******* *** ***** *** ********* ****** ** **** * profit.

** *** **** ****, *** *********, **** ** ****** **** worse *** ***** ***********. ********** ******* ** '***** **' **** * month *** **** ******* ** * ****** *** ** **** business ** ***** ******. *** *********** ********* *** ****** ******* than *** ***** ***********, **** ** ** ********* *** ** drop **********'* ***** *** *********** ******** **** (*.*.,****** ******** ****). *********** *********'* ******** ******** * ****** **** **** * few *********** **** *** **** ***** $** ******* *** ****** revenue, **** ** ********* * ****** ** *** *****.

Unsustainable / ******** ** *****

**** ** ************* *** ***** ***** ** *********'* ******** ******** ** crack.

***** ********* **** ********* **** **** *********** ** ********** ** exiting *** ******, ** **** *** ** **** ***** **** themselves **** ** ******** ** ****** ******? ***** ** ** scenario ***** **** ***** ******** *** *** **** * ******** on ***** ************ ********. ** ** **** *** **** **** of ****** ************.

*** ** ******* ******* ******** ** **** *** *** ******* *** China's ************** **** ** *** **** * ***** ****, ********* will **** ** ***** *** ************* ********** ** ******** *******, *** just *** ****** ****** *** ***** ******* ** ***** *** line ****** *** ****** ***********. ** ******, **********, ** **** **** these ******* ***** **** ******* **** ****** **** **, ** is ***** ** ***** * ***** *****-**** **** ** ********* revenue ** ******* **** '******** **' *** **** ****** ** rivals.

********* ********** *** *** ********* ** ** * ********** ***-**** competitor ** *** ****, *** ***** **** '******' *** * **** conventional ***** ********, **** **** **** ********** ** * ****** ** increasing ******* **** ******* ******.

Comments (64)

** ** **** **** **** ** ******** ***** ****** ** Hikvision, *** *** ***? ******'* ** **** ** *** ********* to *** *** ** ***** *****? ********* ***** ** *******/******* their ****** ****** **** *** ******* ****** ************.

**, ******* *** **** ** ** *** ********, *** ******* to ***** ** ************ ******. ****, **** ** *** ***** month ** * *** **** *** *** *** ** ****** the ***** **** *** *********.

* ***** ***** *** *** * ***** ******** *********.

**** * ******* **** ***** *** **** *** *** * year ** ***, ****. *** *********, ***** ******* *** ******** constantly? **** ** ********* ***** ** ** **** ******-*** *****?

*'* ****** ******* ** **** *** ******** ** ** **** Hikvision ****** ** ******* ******* **'* **** ****** (****** *** websites **** ***********) *** ***** ***** **** ** *** **** market *********** *** *** *** ***** ******** ** **** ******* than *** ******** ********* ****** ********* *** ******* *** ****** at ******* ***** ************ *****.

* **** ***** ********* **** * ***** *** ***** ** stay ** ********. ***** **** **** ****** ***** **** **** to ** ********* *** * ** ** ** ****** ****** competition ** *******. **** *** **** * ******** ****** ** cash, ** ********* ***** **, *** *** ******** ** **** for *****.

**** *** **** * ******** ****** ** ****, ** ********* seems **, *** *** ******** ** **** *** *****.

**** ** *** *** ******** / *****. ** **** ****** can **** ****** **** **** ****, * *****. ** *** other ****, *** **** ** ****** ********** ***** ***** **** business ****** ***** ******* **** ******.

** ***** *** ** ******* ****, ****** ********* ** ********** this ***** **** ***** **** *** ********* / *********** ** fund ****. * ***** **** ** *** *** ******** *********** for *** **** **** ** *** - *** **** ***** out.

***** ** * ***** *** ******* ********* *** *****, ******** else ** **** ********** ******.

***** ** ****** *** *** ********, *** ******* *** ******* funding. **** **********, **** ** *** ***** ***'* **** ** be *** *** ***'* **** *** ******... **** **** ** be ****** ** **** ***** **** ******* ** *** ******* this ****.

*****'* ** *** ****** ** ********* - * **** **'* in *****, ******** ** ********* - **** ****, **** ** once, ***** ** - ***** ** ***. **** ** - you ***'* *** ****** *****.

***** **** ******* **********. **** **** * **** *** *****.

***, ********* ***** ** **** *** ***** *** *** ** they ****** **** ** *****.

*** ******'* ******** ** ***** ***** ** ***** *** ********, Korean *** ********* ************* *** **** *********** ** ***** *******. They **** ** ******** ** *******, *** ****** ** *************. They *** ** *******, **** *** **** ** ******** **** want. *** ******* ******** *** **** ** ******* ***** **** capture *** *******.

*** **** * ******* **** ** ******* *** ** ****, too **** ******, *.** ******, ***** ** *** ****** ** the **, ***** */* *** ***** ** **** ** *** US. *** ** ***** ******* *** **** ****, ******* ******* analyst *** **** ***** ****** ** *****, **** ** ** war ** **** **** **** *** ***** ******. ***** * key ****** *** ***** *** *** **** ***** **** ***** 1 ** ***** ******* ( **** *** ******* ), *** India *** ******* ******** ** ***** *** ***** *** ****** planes **** ******.

*** ***, ******* *********** ***'* **** "***" ** **** *** from *** **********.

**** ***** ******** **** ********* ******* *** ****** **** ******* in ***** *** *******?

*** **** * ******** **** **** ******* ********* ** ***, but **** **** ****** ** **** *** *** *** ***********/************* ** *** ** **** **** ***. ***** ** * difference.

**** **** * $*** ******* ************ **** ** **** * **** ** * ****** ***** ******. Why **** ********* *** **** ** *** ****?

*** ******* ******** *** **** ** ******* ***** **** ******* our *******.

******* *** ** **** ******* **** **** ** ******* ** multiple *******?

******, *'* *** ****** **** **** ****'* ***** ********** ** the ********** ** **** ** ** ***** ****. **'* ********. There *** ***** **** **** ******* ** ********* ***** ********* before, **** ** ***** ** ******** *********** ** ********** ********* and ******** ****** ** ********.

******* ************ *** ** ********** ** *** *** ** ** industry ** ** ********* ** *** ****. *****, *** **** does ** **** **** ** ******** ** **** ** **** cut *** ***** ** * *** ****** **** $** ** $10? *** **** ******* ** *** ** **% *** *** it's ***** **** *** *****. *** **** *** ** ** $5, **** ** ****** *******?

** *** ***** **** ******* ** * **** **** (***) it ***** **** **** ********* *** ****** **** *************?

***** *** ****** ** ** ****** **** ** ****, *** Hanwha *** *******? ***, *** ***** ** ****. *****'* #* enemy *** ** *** *.*., *** * ***** ***** ***'* is *****. ****'* ***** ******.

*** ** *** *** ** *** ***, **** ***'* ** operating ** *** ** **** ******* ******* ** * **** indefinitely, *****?

** ***** *** **** ******* *** *** ***** ** **** away?

**** ***'* ** ********* ** *** ** **** ******* ******* at * **** ************, *****?

** ***, ******** *** **** * ****** ***** ********* ******** for *********. **** ***** *** **** ******* ***** ** **** foreign ******, **** ***** ** *** ** **** **% ** revenue **** ******* ***** ** ** *** ** ******* *******, but ********** *****.

*** ******* **** ***** *** **** ** **** *** ********* overseas. ** **** *****, ****'* ****** ********. ********* *********** ** business ******** **** ****, **** **** ** **** ** ****** new *********** ** ******** **** **** **** ** ***** *** hopefully ********** ****** **** ********** ********** ** ***** ***.

* ** ***** **** *** *** ******* ******* (*) *** higher *** ********** ** ******** ******* **** *** (*) *** more ********* / ********** *** ********** **** ******** ******** ************** projects ***.

** * **** *** ***********, * ***** ** ********* ***** the ********** ******* ** ******* ***** *** *** *** ****** out *****. ** **, **** ***** ** ** *** **** are ******* ****** ***** ********* ** ***** ********* **** **** branded *** ******** **** ** **** *********. ** ***** ** they **** * **** ***** ********* ** ********* *******.

**********, * **** *** *** ***** ** *** *****. *** because *** *******,** *** ******* *****, *** ******* ** ***** history ** ***** *********** *** ***** ** ******* ******** *** everything **** **** ** ***** *** ********** ** *** *********** they **** ****. * **** **** **** ***** ************ *** OEM's ******, *** **** **** **** ********* ** *** ***********, etc, *** ** ** *******, ****** ******* ******** **** **** screwing ***** ******* ** *********** ** **** *** *** ****** their **** ** ********* ****** ** ** ***** ********** ****** the *****. *** ******* ** **** * ***** **** **** that **** *** *** *****.

* ***** **** ** ***** ************ ** *** ** ******* to **** ***** **** ***** ************. **** ***** * ******* vendor ** *** ****** **** ******* *** **** **** *********. HIK **** ** ******** ** ***** ** **** ***** ******. I **** ***** ** * *** ******* ******* *** **** he *** ************ **** ***** ** *** ******** ** *** price ********. **** ** ****** ***** *********** ** *** ***** surveillance ********.

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

* ***** **** ** ***** ************ ** *** ** ******* to **** ***** **** ***** ************.

***-** *** ******* * ****** ** *** ********* ****** *** board ***** **** ****, ****** * ** *** ******* **** current *** (*******, ****** ******* ** ** * ** *****).

**** *****, ****** **** *** ***** ** ********* * **** for *** *********** ******* **.

"**** *****, ****** **** *** ***** ** ********* * **** for *** *********** ******* **"

***** ** ** **** ********* ******? ** ************ ********* ******* a ******* ****** ** ****** ** **** **** **** ***** slashing **** *** ********* *** **** *** **** ** ******** and ******* *** *******?

***** ** ** **** ********* ******?

* ** *** **** **** ***'* ****** ** **** ***** sales *** ******* ***, ** *******, **** *** *** ***** to ********* ******* *** *** ************. *** **** *** *** many ************* ** **** **** ** *** **** **** ***** on *** ** ***** *****.

**** *******. * *****, ********* ****** **** ** ***** **** frequent *****. ****** **** *** ********* ** ***** ******* *** price. **** *** ******* *** **** **** ******* ** ****** price. *** ******* *** ******** **** ***** ** *** **** they ****, ****** **** ******** ** * ********* ** ******** to ** **** ** * ***** ****. ** * **** think ******** ******** ***** **** ****** **** *****, ********** ** a ******* **** *** *** ***** ** ********* *** ****** purchase ******** ***** ** *** **** **** ****. * **** necessarily ***** **** ***** ********* *** ** *** **** ******** either. **** **** * **********, **** **** ***** * ***** amount ** ******** ** **** ****** *** ********* ********** **** to *** ****** ********* **** ***'* *********. ** **** *** all ***'* ****, *** ***'*.

**** **** * **********, **** **** ***** * ***** ****** of ******** ** **** ******

*********** ** ***'* **-***** ********** ********* ** ***** *** *** ******* ***** ************ ******** (whether *** ***** **** ********* ******* *** ***'* ***** *** OEMed *-*** ********).

* ***'* ****** *** *** ******* ****. ********* ** ************ trying ** *** ****** ***** ** ******** ******. ******* ************. HIKVision's **** ******* ** ********* ****, ***** ******** **** * very *** ******* ****, **** ***** ****** ***** ****** **** all *** ******** *** ***** *** *** - ** **** recording, ******* ***, *****-** ****, ***, *** ***** ****** ****** is *********. ** *** **** ** ***, *** ********* **** a ****** **** *** *** ***** *** * ***** *** one.

***** ****** *** ***** *** **** ***** *** ******. ***** HIK **** **** ** *** *** **** ***** **** ******* will *** *****, ******** **** *** *****, ****** **** ** up. *****. *** ***** **** *******, *** ******'* *** **** with **** *** ***** **** *** *********?

* ***'* ***** **** ****'* ********** **** **** *** *********** and ****** *****. ** *** *** *** * ****** *-*** 16 ****** *** **** *** *** $***, **** *'* ****** sure *** ************ *** *** *********** *** ****** ***** *** 16 * $*** *** ******* ** $****.

* ** ***** **** *** ** ***** ** ******** * lot ** ****** *********. **** **** ***** ****** ******* **** are *** ****, *** ** **** ****** ********* **** *****, especially *** ******* ***** ****** ** *** ** *****. *** and ***** **** ***** *** *** ***-*** ****** *** *** companies ** *** ****** ** ***'* ****** **** ***** ****, Vivotek, ********* *** **** ** *********. ***** ****** ********* *** move ** *** ****** ** ********** (*** ******) ** **** down *** ****** ** ***** ********. ***** **** ****'** *** doing ****** ** *** ******, ** **'* * ****** ** time ****** ****'** ****.

** *** *** *** * ****** *-*** ** ****** *** with *** *** $***, **** *'* ****** **** *** ************ and *** *********** *** ****** ***** *** ** * $*** HIK ******* ** $****.

****'* * ****** **********.

**** *** ** ** ****** ***** *** ******* *** $***:

* *** ****** ***** ******:

  • **** ****** ** ** *********** ***** ************, ** **** ** an ***-**-**** ******* *****, ***** ********* *** *** ********** *****.
  • ****, **** ** ****** ********* *** ******* *** ***** **** individually ***** *** ** ************* *** ~$**. ****** **** ******, being ************.
  • $*** *** ******* (********* ** **** ~**% ********) *** ***** IP *****, ***** *** ************* **** ********* **** **** ** analog ****-*******.

*** ***** *** ********** ** **** / ******* ** *** sales *** ******* ********* **** ********* ***. *-*** *** ** field ***** ****** ** ***, *********, **** ** *** **, has *** **** ***. *** ********* ******* ** ****** ********* every ***** **** **** ****** ** *** **** ** ********* at ****** ***** ***** ********** *** *********. *** ** **** adds ** *** ****.

*** ***'* **** ** ******** *** *** ***** ****** **** you **** * **** ********* ***** *** ***.

*******, **** ********** ** **** ***** *** *** *** **** / ************, **** *** ********** ** **** ***** ***, ******* of **** ******** ******.

* ********. *** **** ********** ******* * **** ****** ***** sensor *** ***** ** ****** **** ****.

****, *** ********** ******* * **** ***** **** *** ****** style **** ** **** *** * ******. **'* ****, **** plastic ******* ** * ******** ********** ***? *** ***** **** affect ****?

*****'* ** *** $*** *** ***** **** *** **** ********* that **** ****** ****-*******. **'** ******* ******* ****.

*** ** ****** * ****** ** *****. *** **** *** they ***** ** ****** ***** ** ** ****** * **** support ** ***** ***** ******. *** ***** ******** *** ** good, ** ****** **** ***** *******. **** *** ****** *******, we ***'* **** ******* *** **** *******, ** **** ******** with ***. ** ***** **** **** **** **** **** ******* than *** *** *** *** **** *** ******* **** ****. Also, ***** *****? *** ***** *********** **** *** **** *** best ******* ** *** ****** *****? **** **** **********. *** to ******* *** ******* ** **** *** *** ** **** work ******* *** ****** *** *** ****** *** ***. (*** tech ******* **** *****'* ******* *** *** - * ********* move ** ***)

*****'* ** *** $*** *** ***** **** *** **** ********* that **** ****** ****-*******. **'** ******* ******* ****.

*****, ***'** *****. *** ** ** *****, * ** ********* HIK ***** ** ******* ** **** ** ****** *******. ******* you ****** *** ** ** ****** **** *** ** ** not *******.

****, ***** *****? *** ***** *********** **** *** **** *** best ******* ** *** ****** *****? **** **** **********.

**** ** **** *****. ********* *** * **** ***** ******** sales, ********* *** ******* *****. **'* **** ****. * ******* believe **** *** ** *** **** ** *** **'* * big ********* *** ********* ** ******** ********* ** *****, ********* and ******* ******* -******* ****.

*** ***** **** *******, *** ******'* *** **** **** **** now ***** **** *** *********?

*****, * ***** ****'* * ********** *****. ** ** **********, especially *** ***** ** *** **** **********, *** **** *********** likely ** ** *** ****, ** ***** * *** ** sense ** **** ********* ** **** ********* ** ***** ****.

** **** *****, **** ** * ****** ******** **** *** Chinese ********** ** *** ******** ******** **********. * ** *** think ** ** ******** *** ** ** ****, *** * do *** *** *********** ***** ** *** **.

********** **** ********* ** **.... * **** **** ** ** with *********. ** *** *** ** *** ***, **** **** enough ******, $** **** *** * ****** **** ***** ** make * *** **********... *** * *** ***** ** *****.

***** ***** ***, ****** *** ****** ********* ** *** ***** war ** ****** *** ** ***********. ** **** *** *** long **** *****.

*** ******* **, ** ****** *** ****** **** ******, **** companies *** ***** ***. ** *** **** ** *******, *** cannot ***** **** ** ********* - *** **** ***** ***.

****, **** *** ******* *** (*** ***) ******** ***% ****** share *** ***** *** ******, **** *** ** *** ********** - ******* *** ***** *** ** *** ***** ** **** with ******* **. ******* ****/******** ******** *** **** ** *** blanks. *** *** *** *** ** ******* ** *** ******* via ***. ** *********** *** **** *** ***** ****** ** keep ******** ** ** ****.

*** ***** ***** ************* ** *** ***** ***.

***** *** ***** ***** ****** ******* ************* **** ********* *******.

*** ***** *****:*******, *** ******* **** ********* ******* ** ** ***** ** San ********* *** *** **** *** ** ******.

*****, **** ***** ** ******! * *** * ******** ***** once. **** ** **** ******* ** **** *****.

** **** *****, **** ** * ****** ******** **** *** Chinese ********** ** *** ******** ******** **********.

**********, **** ** *** ****** **** ** ** *** ********** of *** ******** *******, ** ***** *********** *** ***** ********* against ***** ***** ***********, ******* ***** ******* ****** ******. ***/**?

******! (***** **** *** ****** **********), *** ** **** ** let ******** **** **** **** **** **** **** ** ***** themselves ** **% ******* ** **** ********* ** ** ********** a *****.

*

****** ** **** '*****' ** **** ****?

****** ** **** '*****' ** **** ****?

** ***, * *** **** *********** ** **** *** ******! He's ******** ******* ******* ** *** ******** ********* / ***** mega-merger **** **** **** *** *** ** *** ********.

**********, **** ** *** ****** **** ** ** *** ********** of *** ******** *******, ** ***** *********** *** ***** ********* against ***** ***** ***********, ******* ***** ******* ****** ******. ***/**?

** *******, ******** *** ********* ************ ******, ********* *********** **** ** *** **** ***** **** margins. **** *** ****** ** ********** ********* *** * *** of *********** (*.*. ***** ******* :) ********* **** ** *** ****.

***** *** ****, *** * ***** **** **** ********** ***%.

* ***** ** ****, *** ******** *** **** *** **** margins ***** ** ***** ****** ******* *** *******.

******** ***** ******* ****** *** ****** **** *********** ***** ** is * ******* ******* *** ** *** *** **** ***** sales. ** ******* ** *********** *** *** ****** ******* **** this? ** ***** **** **** *** **** *** **** ** understand *** ***** ** **** ***** *** ***** ** *********** quick, *******, *****'* **** **** ******* ***** *** ******? ** not *** *** ** **** ** **** *** ***** ** 20% ** **** ******, ** ***** **** **** ** **** power ** ********** ********* *** ***********.

** ****. ****** **** ** ** ********** ****. ***'* *** bigger ***** *** ***** ********* **** ***** **** ***** ** financially ******** *** ******* ************* ** ** ****? * **** that *** *** ** ***** ****** ***** ****** ** ** something ***** **** ***** **** ** ****** ***** *********** ** our **********. ** ***** ******** **** ** ** *** ******** can ** ******* *** ******* *********?

***. ***** ***. ******* ** *** ****** *** **** ***** in ********* **** ******* *** *** **** *******, ** **** case, *** ******** ********* ***** ********* ******* ** **** **** government ******. * ***** *** **** ******* ** **** *** attempt ** **** *** ********** **** ** ***** ** ******* and ********** ****** ***** ** ***** **** ** *** ******** power ** *** ******* **********.

**** **** ********* * ***** *** ******** **** ******* ********** of *** *****. **** ** **** ** ** ** *** free? ** ******. **** ** * ***** *****.

**** *******, *** ** ********* ******* ********* **, *** ******** Sony, ** *** **?

* *** ** ******* * ********* **** **** ** ****** for * ******** ******** *** ******* *** ************: *** ***** model ** *** **** **** *** * ********** ********* (***********). The ***** ********** ** *** ******** *** **% *** *** customer ***** ** ***** **** ****.

*** *** ***** *********** ** *** ** **** ******? **** here ** ******, * *** **** **** ** ***** ********** (20-30%) ******* ****** **** ****, **** *** *** *********-*****. **** is, *** ******'* **** **** ** **** *** **** *****. There *** * *** ** ******* ******* ** ***-***** *** these **** **** ************* *** ** ******* ***** ** *** premium ******

**** *******, *** ** ********* ******* ********* **, *** ******** Sony, ** *** **?

***'* ***** ***** ** *** ***** ***** ******* **** ** where ********* *********.

************* ****** ** ****'* ****** **** / ***** ***** ****. US ****** ******* *** **** ****** ** ** *** $*** - $*** *****.

*********'* ****** **** ***** ** **** ** ***** **** **** price (***** $*** **** ******* ******* *****) *** ******** ********** IR.

***, **** *** ** ****** ** **** ***** (***** ***) but ****'* * ***** *** **** **** ******** **** ******* end ***** ** ** **** *********.

***, **** * **** ***** *** **** ***, ********* *** another ****** *** ***** **** ** ***.

**** ****, ** ** **% **** **, **** *** ***** all ******** *******, ****, **** ****** **** ** ** **** point:

** **** ***** *****'* **% *** **** ****** *** *** standard *****?

**** **** *** ** * **** ** ** *** ** responsible *** *** **** ********, ***** *** ***** ********, *** Manufacturer, *** ***** ** *** ***.

***** ** *** ***** ** *** *** ****, * ***** say ** ** **. ***** ** *** ****** ****** **** a ***** ****.

*** *** ***-** *** ** ****** *** ***** ********* ****:

*** *** ** **** **** **** ** ******** ******* ********* money *.*. **** *** ******* ** * ****.

* **** ** **** *** ********* ** ********* *** ** could ****** ******** *** ********** *** ***** **** **** *******. Our *** ** *** ******* *** ** *********** *** ** made **** **** ******* ******* *** *** ****** *** ********** not ****** *****. *** ***** ** ********* ** *** ***** the ******* *** ** ****, *** *** **** **** ********* are ********* ******** *-* ***** **** ******* **** ***** ******* competitor ** **** *** ********* ** ***** ** **** ****** from * ********* *** ************* **** ***********.

* ***** ** **** ******* ******* *** **** **** ***** overseas ********** *** ******* ** * ****. ********* ***** ******** sales ****** *** ****** **** ***** ******** ***** *** ******* are ****** ****** *** *****.

*** *** *** ***** ********* *********** ***** **** **** ******* and **** ** *** *** **** ** ******** *** ***********? Seems **** *** ***** ***** ***

****** ******* **** ******* ** *** * *** ****** *** I ****'* **** *** ********* **** **** ******. * *** also **** **** **** *** ****** *** ****** **** **** which ****** ******** *** ****. * **** ** *** ** also *** * *** ****** *** * ***** ** ** integrator. *** ******** **** ** *** **** *********** **** ******* a ********* ******.

*, ****** *** *** ********.

* ***** **** *** **** *** ****** *** ***** ******* are ****** ******, ** *******, ******** **** ** *****. ** course, *** ********** ** *** **** ********* *** *****, ********* and ******* ** *** ****** ******** **** ** ** *****. Hikvision **** *** *** **** ***** *** *** ****** *** employee ***** ********.

********* *** **** **** ** ********* **** **. ** ********* hear **** ********** *********** *** **** **** ********* ***** ************ product ** ** ********* **** *** **. * ** *** sure *** *** ** **** ** ****, ** ********* ***** all *** *************.

****** *** ***** *** ** *** **, *** *********'* **** in ** ** ****** ******* *** ********* *********. ****'* *** combination * ********.

* **** **** ***** ****, *** ****** ** ********* *** higher **** *** *.*. *** ************ **** ***** ** ****** between ** *** ** ****** ** ********* ** **** ** they ******* *** **** ** **** ******* **** *** **** good ***** ***** **.

**** **** *** ***** ** ***** ******** ** ********* *** also **** **** ************ ***** *** ****. *** ******* ************ sales *** **** ** ******* ******* $**-$**** **** ******, $**-$*** Car ********* *** ****** **% *****. ****** **** ********** *** manufacturer **** *** **** * *** **** **** ****. **** what * **** **** *** **** ***** ** ********* **** to ** **** ****** **** ** *** **???

** ***** ********* ** ********* **** * ***** ****** ** number * ** * ***** *** *** *** ***** *** it **********. ** ******* ** ** **** * ***** **** they **** ** ****** ******* **** *** ****** *** ****** being ****** **** **** ******. **** **** **** **** ********** pressure **** ********* **** *** *** ***** ** **** ***** sorting ********** ***.

**** **** * **** **** *** **** ***** ** ********* seem ** ** **** ****** **** ** *** **???

* ***'* **** ****** ** ******* ********* ** ** *****.

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