IC Realtime Moving Away From China Manufacturing

By: Joey Walter, Published on Jul 23, 2020

IC Realtime is promising "real change". The company historically has sold hundreds of tons of OEMed Dahua products, but with sanctions and bans, IC Realtime has declared that it "is officially moving away from manufacturing goods in China".

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** ***** **** ** Realtime ******* *********** *** ****** ** the *******'* ******** *** shift ** ************* ** Korea.

Background ** ********

** ******** ** * ~15-year *** ******* **** primarily ***** ** ****-*** automation (*.*., ****** *****) and ** *********** ********, generally ***. *** ******* is ********* **** ******* of ~$** ******* *** after *** **** *** "difficult" *****.

*** ******* *** **** years ******* ***** ~****, OEMing *****, *** ********* in *** **** *** years ** ***** ******** entered *** ** ******, and **** ******** ** China ******** ***********.

***, ** ******** ** aiming ** ** ********** out ** ***** ** next ****, ********* *** relationship **** ****** ****************** ******, *** ** ******** says ** *** ** exclusive ********* **** *** the ********.

Background ***** ******

** ********'* *** **** he ***** ****** ************* ** *** ** executive ******** *** ***** *****. After ** ******* **** Mace, ** ******** *** relationship **** *****.

******** *** **** *** many *****, **** ** Realtime ****** *****. ** the **** *** *****, however, *** ******* ******* has **** "*********" *** it ****** ********** *********** staying **** *** ******* manufacturer.

Challenges **** - ****

** **** *** *** virtually *** ******** ****, things *** **** *********** for ** ******** ** the ***** *****. ** Realtime ***** **** *** rapid ***** ******** (*.*.,*** **** ** *** bottom) *** ***** ******* up * *** ******* business **** ******** ******** with ** ******** *** many ***** ***** ********.

****, **** ****'****** ******** *****, ****'* ****, ****'* human ****** *********, ******** intensified. **** ****** ******* declines ** ** ********'* business.

IC **** **** *** *******

******** ***** ** ***** challenges, *** ** ******** CEO ******** **** ****, ******* $15 ******* ** ****, ** ** ***** the ******** ****** ********* selling ** *** *** retail. ****** **** **** IC **** **** ** now "*******" – *** debt **** ***, *** enterprise ******* ******** ** IC ********.

Korean "****** *******" *************

** ******** ****** ** exclusive ********* **** *****'* Vision** **** ********** ******* ** *** US, ******, *** ***** American. **** *-**** ********* renews ***** ** ******** fills ***********, ***** ** says ** ** ******* dwarfing.

** ********'* ******* ************ **** ********** *** ****** *****:

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** *** ******* ** a ******* ****** "******** CAMERAS *** **** ** CHINA":

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*** ** ******** *** praised *** *************, ***** quality ******* *** ***** RMA ******** ** *****, saying ***** ********* ** detail ** *** ******** even ** ****** ****** production ** ****.

Not **** ***, ******* ** ** ****

** ********'* ****** **** products *** *** *** NDAA *********, ****** *** IC ******** *** ******* that *** "**** *****" will **, ***** ******-********** Intel ***** ******* ** NDAA ****** ****** ********* chips.

*** ******* **** **** are ******* ******** *****"*** *********" ****** **** products********** ** *** ******* from *** ***** **** lineup.

Product ************ *******, ***** ** ******

** ******** *********** ****** **** (*.*., TAA ********) ********:

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**** **** ** *** nine **** ******** ** the ****** *****, ** the ****** ******* ***** up.

********* ** *** ** Realtime ***, **** ******** was **** ****** ***** their ****** **** *****, as **** ****** "******** software" ** ******* **** other **********.

Pricing ***** ** *****

** ******** ***'* ********* a ***** ******** ** ~10% *** ***** "*** compliant" ****** **** **** in *** ***** ****, though **** ****** **** to ******** ** **** scale *******.

Tariffs *** ** ******

** ****, ** ********'* CEO **** **** ***** "millions" ** **% ***** tariffs *** ***** *****-**** goods.

***, ** **** ****** to ***** **** ********, they **** **** ********* of *********** ***** *******, showing *** ****** ** US *******.

** ********'* *** **** they ****** ** *** the ~**% ***** ******** in *** ****** ****, as ***** **** ** to *** ******** ***** based ** ****** ***** production.

PPP **** "***** ***** *****"

*********** *** ** ******** hard, ****** * ****** 50% **** ****** *** peak ******. *** ** Realtime *** **** ****** **** ** $***,***-* million"***** ***** *****", ******* which ** ***** **** had ** *** *** a *********** ******* ** their *****.

No ***** *******

** ******** *** *** taken ********* ** *** fever ****** ******, **** the *** ****** ** refused, ****** **** ** purchased **** ***** *** set **** ** ********** for ******* *.*. **** with ****** ****** *** of ******** ** ******* the ****.

** **** **** **** don’t ****, *** **********, e.g. *** **** ****** in ******* ***** **** are *****, *** *** temperatures ********* ******* "*** consistent" ** ***** ***** readings.

Acquisitions *********

** ********'* *** **** that ************ *** ***** evaluated *** *** ***** this ****, ****** ********* to ******* ** ******** targets. *******, ** ** Realtime *** ******* **** form ** ********, ******* VMS, ***** ** ***** analytics, ** ***** ******* help ** ************* ********** against ***** ******** *********.

*******

***** ** ** *** surprising **** ** ******** struggled **** *** **** few *****, *** ******** environment ******** *** ******* with * ****** ** re-establish ****** **** ****** made ******** *** *********** complementary ********.

Update #*: ***** **********

** ********'* *** *** told ****, ** ****** to "***% ** ***-****" Korea **********:

* ***** *** **% that ** **** ** mostly **** **** *** transition ** *** ****. More ************* ** *** end ** **** *** migration **** *** **** be ********.

Vote / ****

Comments (12)

*** ****. ** *******, this ** **** ****** signaling *** *********. ** Realtime *** ****** **** this ******** ***** ***** of ******* *** ***.

***** * ***** **'* fair ** ***, ************* or ***, **** **** 'batting *** *** ***' for *****, * ***** this ** **** **** virtue ********* ***** ******** away *** ******** ******** their ****-**** ******** ******* carries **** **** *** risk.

** *** ***** ****, it's *** **** ******** to *** *** **** Dahua ** * ***** business **** ****** *** Honeywell *** *** ******** disclaimed *** ******* ****-**** Dahua ************.

******* **** **********, *'** never **** *** ** much ** *** ** virtue **********... **'* * good ****, ********* ****** straight *******, *** *** built * **** ** a ******** ** *************** everywhere ** ***** *** bringing ** ****** *****. He **** **** ** at *** ***** ************ game **** ** *** day **** ****** *** same ******* ****! * think **** ** * genuine **** *** **** born *** ** *** same *********** *** ***** niche ************ **** **** facing *** *****, ** just **** **** ****** because ****'** ******.

**** ** ****** ** would ** *** *****'* he ****** ** ***** amount ** ****** ** focusing ** ** **** product? ** ****** *********, I **** ***** ****'* much ** * ****** in *** ******, ******* he ****** ***** ****** Chinese ****** * *******. how ****.

Update #*: ***** **********

** ********'* *** *** told ****, ** ****** to *** ****** **** of "***% ** ***-****" Korea **********:

* ***** *** **% that ** **** ** mostly **** **** *** transition ** *** ****. More ************* ** *** end ** **** *** migration **** *** **** be ********.

**** ** **** **** and * **** **** well.

***** ****!! *** ** Realtime ********* *** ****** attest ** ***** *** of **.

** **** ********* ** that *** ** **** Equipment ******** ** ****. It *** **** *** now **'* ****. *** face.

***'* ***** *** ****** of *** *****, ***** the *****.

**** *** ******

*****

**** **** ***** ****** AT ** ********

  • ****** ********* *******
  • **-**** ********
  • ******** *******
  • ** ****** ********
  • ** ********* ****
  • ******* **********

** ******** ******** ********* with ******, ********, ********, RTI, ***, *** ***** home ********** ********* - an ******** ** ***** surveillance *** ***** **** technology **** ** *****.

** *****,

*** ** **** ******** is ***** ** ****. We **** ******** *** Edge **** *** **** has * * **** warranty. ********* **** ***'* a ***** **** ** your ****.

**** ****,

*******,

*****

**** **** ***** ****** at ** ********:

-********* ** ******* ****** labor ********** ********** ****** investing ** *******.

*****, *** * ***'* force ****** ** ** a *********** *** **** foreign *******-*******.

*****, *** * ***'* force ****** ** ** a *********** *** **** foreign *******-*******.

** ******** ** ** Real-time **** *** *** the ****** ******. *** broken ****** ******* ****** IC ****-**** ****** **. IC ****-**** *** **** ahead ** *** *****. It ** **** ** say **** *** **** to ******* *** **** so **** ** *** game. ***** *** **** larger ********* **** ****** be *** ***** ** outrage.

**** ** * **** move, *** ***** * year *** **** *** them ** ** *********** outside ** ** ********* who *** ****. * know * ****** ** companies **** *** **** and **** *** *** exact ****** ********* (***** business *** ****** *****) via ** ********* *** resell ****. *** ************, those ********* **** ****** no **** ***** *** government ********* *** **** obliviously **** * ********* that **** **** ***** Dahua ** ********* *********. I ***** ****'** ****** pretty **** ***** **** are ** *** ****** place.

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