Forget The Backdoor, "ALL HIKVISION PRODUCTS" On Sale

Author: John Honovich, Published on May 18, 2017

Less than 2 weeks after the Hikvision Backdoor was confirmed, Hikvision has launched a sale "ON ALL HIKVISION PRODUCTS".

In this note, we examine Hikvision's move, and how putting all products on sale can help and hurt the company.

**** **** * ***** ***** ************ ******** *** *********, ********* *** ******** * **** "** *** ********* ********".

** **** ****, ** ******* *********'* ****, *** *** ******* all ******** ** **** *** **** *** **** *** *******.

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

ALL ******** ** ****

*********, ** ***** ** *** ****** *** **** ***** ******* below *** *** *** ******** ** ****:

**** ******** * '****** ***' *** *******, *.*., ******* **** an ******** **% ** **% ********* *** *** **% ** top ** ****, ***.

*** **** ***, *** **** ******* ***** ******* ** ** 18% *** ** *********:

** **** *** ****** ********, ** ** ******* ********* **** finished ******* "*** ********* ********" ** **** * *** ***** ago, ***** ******** **** *** *** ****** ********:

** **** ********* **** '* **** ****', **** *********** **** 3 **** **** ****.

Positive - ***** *** ***** *******

*** ***** ********* ******* *** ** *** **** ***** *** backdoor, **** ** *****. **** ******** *****, ****** *****, ***** on *** ** ****** ********* ******** * ****** ********* ***** to ********* *******. ****** ********* ** ****, ** ** ****** to ** **** ****** *** **** ** ********* ***** *** likely **** ** ****** **** ********** *** *******.

********, ** ********* *** ******* ** ***** ******* ***** *******. Literally ** *** **** ** ***** ** **** *** ***** of ***** ******* **** *** **** ***** **** **** ********* offers.

*******, *** ***** ******* ****** ** *********'* ************* ******** *** growing *********** ** ******* ********** *******, **** ***** ********* **** a **** *** ** **** ***** ******** *** **** *** dealer **** *********.

Negative - ***** ********

********* *** **** ** ***** **** **** **** ** ** seen ** * ******* ******** ** **** *******, ****** *********. These ***** **** '*** ********' ***** *********** *** ********** **** greater ****.

****** *** *** ******** ************, ********* ***** ** ***** *********** and **********. ******* ********** ** **** **** ****** ** **** people **** **** ** *** **** ******* *** **** **** to ****** ** ******* ***** ******. ******* ** ** ****, computers ** *******, *** ******* ******** ** *** ** ** significant ***** ***** *** *****. *** ** *** *** **** than * ***** ***** *** ********, *** **** *** ******* "Our ******** ** **** ******** ** ** *** ***** ** cut ***** ******."

** **********, ****** ******* *** ********* *** *** **** ********* about *************, ******* *** ********* **** ***** **** *****, **** tend ** **** *** ********* ******** ******** ** *** ********* of **** ********* **** ******** *****.

Short **** ***** ** **** **** *****

*** ********* *** ********* ** *** ***** ******* ***** **** sales *** **** **** ***** ********.

**********, ********* ** ****** *** **** ******* **** * ******* maximization **********, *** ******* ***** *****. **** ******* **** * significant ****** **** *** ***** ***** **** ******** ***** *******.

***, **** ****, ***** ***** **** *********'* ***** ** **** non-Hikvision ******* *** ****** *** ** *** **** ******** ******* of ********* *** ********* *********** *** ********* *********'* ******** *** the ******** ********** ** * ******* *** ******* ** ****** on ******* ****** ** **** *******.

********* ** ******* ** ***** **** ******* ************ *** **** are ******* ****** ****-**** ***** ******.

Vote / ****

Comments (51)

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* *** ** *** **** ***** ******. **** ***** ** shame ** ***** ** *******. :(

* ****** ** *** ******* ****** ***** ****'*, *.*. ******, Macy's, *.*. ****, **** ******, **********, *** ****, *** **** BR. *** **** ** ****** *** ** *** ******** ********* getting **** ******** ******* ** **** *** ********** ** *** less. *** ** ** *** *** *** *** ****, *** quality ** ********* ****** **** ** ***** ** *** * prefer **** *** **** *** *****. *** ** ***** ************ this?

* ****'* *** *** **** ******* ** ** ** ****** high ** ***** **** *** *** ** *** ** ***** with. * *******.

*** **** ****** * ********* **** *** ***** ***** *** ridiculous. **** * ******* ***** ** ** ******** ******** ***** I ******* * ****** **** **** *** *********** ** ***** surveillance. ** *** *** *****, **** *** ***** ** ***, while *** * *** *******, * **** ** *** ** all, *** **** ****, **** *** ****** *** *** ******** to ** **** *** ******. **** **** ** ********** **** they *** **** * ******* *** * ***** **'* ** fault *** ******** ** ***** **** *** **** **** ****** me **?????

* ***** ********, ******* *****, * **** *************** *** ********* issues. * *** ******* ** ** *** ******** *** **** me *'* ************. ************

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* ********* *****, ** *** ***** ******** **** *** ****, but ** ** ** ******* **** **, ** **** *** you.

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

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

#* ****** ********* ***** ** ** ***** ********* **** *********** below:

* ***** ********, ******* *****, * **** *************** *** ********* issues. * *** ******* ** ** *** ******** *** **** me *'* ************. ************

**** **, #* ** ****** *** ****** ***** ********* *** laughable *** **** *** ******** **** *** ***** **** ** buying ********* ******** (*** ******* ******* ** #* *****). **** #7 ** ****** ***** *** '********' ** **** *** ****** learn ** **** *********.** * ***** #*? :)

******** ***** *** *** * ****** **********, ** ** *******. Why? ******* ******** ********* (** *** ********* ** *******) *** far **** ************* ** *** **** ***** *********** **** ** are ** *** ******** ********.

*** *******, ****** ******** *** ********* ***** * ***** ** $29.99 **** ****** *** **** ** *** ***** ** $**.**. They *** ** **** *** *** **** **** $**.** ***** "Sale *****." ****, **** * *******, **** *** ***** **** same ***** *** $**.** *** ********* ** ** * "**% Off" (** *** ****) **** ***** ** ******* **'* **** a *** ******* ******* **** ***** ******* "***-****" *****.

*********, ** *** ***** **** ** ****** ***** ********* ** their ******* ********* ********** *****, ***** ***** ** **** ****** Republic ******* **** **** $**.** **** ***** *** $*.**.

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

**** **** ********** ******** **** ** **** ** ******* **** the *** *** "*" *** *** *****?

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

************ ********, *** ***** *** ******* **** ***** *** ********** the ******** *****.

**** ** **** ** **** ** **** ******** ******* *** their ***** *************. *'* ** ******* ** **** *** **** of ***** ******* **** **** **** ***** **.

"** **** ******** ******* *** ***** ***** *************."

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

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

***** ************.... ********** * ******* ** ***** **** *** *** :)

***** **** ** **** ******* ******* ** ********* ***** ******** in ***** ******* ************* *** ******* *** **** **** *** new *** ******* *** ** ***** **** **** ***** ******* revolutionary ******** *** *** ******** *** *** *** ** *** bank *** ********** *** *** ************* **********.

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

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

**** ***** ************* ***'* (*** ******** ***'* **** **) ******* the *** ******* ******** ******** ** ** ***** ******** ******* and *** ********* ******* ***** ** **** *** **** **** would **** ******* ***** *** ** **** ;-)

*** *** **** ** **** ******* ** *** **** *** and **** ** ****** ****. ***** **** **** ******* **** what ** ****** **** ***** ** **** **** * ********* debt ***** *** ******* **** *** ** ****** ******* ***** tactics ** ***** *** ********.

*** ***** ******** **** ****** *** ******* ****** ***** ****** as **** **** * ***** **** *********, ******** ***** ** always * **** ***** *** ** ***** *** ****** ***** Chinese ************* **** ******* ** **** **. **'* **** * matter ** **** ***** *******.*** ****** ******** ** ******* *******.

** ** ** **'* **** *** ***** *** *** **** you ******* ** *** **** ***** *** ***** * *********** business *** *** *** **** *********. ***** *** **** ***** have ******* ****** *** ** *** **** ** ** ********** with *** ******* ** *** *** ******* ********* ** **** many ***** ****.

"*** *** **** ** **** ******* ** *** **** *** and **** ** ****** ****."

**** ** ****** **** ** * ***** **** ** ***** they **** **** **** ******* ******* *** ***** *** ***** products. * ***** *** ***, **** ** ****** **** **** not **** ******* *** **** (** ***) ** *** '*****', which ** ** *** *** ** *** ********* ********* ******* it ** * '****** ****' *** **** *****? ********* ** some ******** ******* ********* *** *** ****** **** ***** '****** lines' ******* ******* **** ******** ************. *** ***** ***** '*******' (similar ** ****) ** *** ***** *** ****** ** ************ so ** ** ** ** ***** **** * ***** ** salt.

*** ***** ** * ***** ********* ** **** ******* * considerable ****** ** ***** ***** ** *** ********* *** **** (with *****) ***** ***** *** ***** *** **** * ***** under * ******* ***** ** ****** **** ****, ********, *** Hanwa ********.

**** ****** ********* **** *** **** **** ****** *** ** hear ** **** **** ****** ** ****. ***** ********** *********** strategy ***** *** ** *********** ******* *** ******* ** *** that ********** *****. **** *** *********** ********* ***** ******** **** relevant ********* *** ***** ***** ** **** **** ********** **** your *******.

***** *** **** ** *******, ********** *** *** **** ******* discounts, ******* ****** *** **** ****** ** **** ***. *** so **** *** **** *** ******** ********* ****...

**** ** ****** **** ** * ***** **** ** ***** they **** **** **** ******* ******* *** ***** *** ***** products

*** ***** ** **** ***** ****** ****? **** **** ****, more **** **% ** ***** ******* ***, ***** ** ** not ****** ***, ****** ***%+ ** ***** ********* ******* ***** from ****** *****.

***** *****'* ************* ******** *** *********'* ********** *********, **** **** a ******* ********* **** *** ************ ** *** ***** ****** China. ******* ** *** *** ********* ******* ***** **** *** government ***** ** *** **** ** ****** ** ******* ********** projects (**** ********* $*** ******* ***) **** *** **** * *****, *** ****** ** *** same - ***** ***. ** ******* ***** ******** *********.

***** *** * *********** ******: (*) *** ******* ******* ** at **** ** ** ********** **** ***** (***** ***** *** off ***** ********* **********) *** *********'* ************* ********* *** *** into ******* ******** *** ** ***** ************* ******** *** ******* recognition ** *********'* ********** ********* (***** *********** *** **** ********* corporate **** **** **** ******* **).

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

******* ******** ** ** ***** **** ****** *** ****-********** ** many *************. * ** *********** ***** * ******** ******* ** this, ******** ** *** ****** ********.

***** *** ******* ***** *** * *** **** ** *** one’s **** ****** ********, ** ** ****** **. *** *** sells **** * ****** **** ******* ****** *** **** ******** themselves *** ***** *********. * **** ******** *** ** * meeting ***** * ******* ******, “**** *** ** *** ** we *** ***** ****** *** **, **** **** ** *** price” (**** *****).

** ** *****. ** **** **** ******* ******, *** ***** pricing *********** “******” **** ** *** *** ********. *** *** strategy *** ****** **** ** ***** ***** (*.*. ******* ******) by ******** *** ****** ******* * ****. ** *** **** 3 ******, ***** **** ** ******* ‘***** *****’ ** ******* and ************ ***** ** ******* ** **** ****. **** **** slowly **** ******* ***** *** **** *********, ********* ****** **** margin ******* *** **********, ***** **** ******** *** ***-****, **** driving *** **** *** ******* ****.

** * *** * *** ******, * ***** ***** ** map **** *** *** ********** ** **** ***********.

**** * ***’* **** ** *** ** **** ****** ** why, *** **** *** ** ****? **** ** *** *-******* of **** ********. ****, ********* **** ******* “******* *******” *** not ***** ***** ** ****** ********* **** ********* ***. *** should **** ** ***, **** *** ********** ** *** ***** of **** *** ******* ****. ** *** *** *** *****. Price ******* ** * ****-****, **** ***** ****** ** **** afloat. *** **** ** ****** ****-****? *** **** ******* ******* selling **** ** **** **** ****… *** **** ** ***** are ***** ******?

**** **** ** * **** *** *** ************* ******* ********. At **** ***** **** **** ********.

** * *** * *** ******, * ***** ***** ** map **** *** *** ********** ** **** ***********.

****, ***** ** *** ***** ** *** ;)* *** ** ***** **** **** ********* ********, **** ** Those ****+

***** ******* ** * ****-****, **** ***** ****** ** **** afloat.

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

**** * ***’* **** ** *** ** **** ****** ** why, *** **** *** ** ****?

**********, ** *** ** ******** ***** **** ******* **** *** side ******* ** ******** ***** ***********. ***, ** ** ******** more ** * **** ** ********** ***** ******* ******** - for ****** ** *****.

** * *** *** ** *** ****** *** *** * manufacturer **** *** ****** *********** ***** ********, * ***** ***** one ** *** ******:

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

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

***** *** ***** ** ******* ****** ****, * *** ** sell *** *****. ** **** ** ** * ********** ***** and ** ****** **** ****. *** **** ****** ***** **** that ** ****** *** * ********* ******** *** ****** *** price ** $**,***. ** *** * ****** ** *** *** of *** ****. **'* *** ****** *** ***** ** **** you **** *** **** *** ********* ***** ** **** *** have ** *****.

**** ** **** **** ******** ****** ** *** ******** **** all ***** ********* ********

**** ******* ****** *** *** ********* *** ********. **** ***** and ** ***** *********** **** ****** **** *** ******** **** scratches ***** **** ********* **** **** *** *****.

**** *********** ***** ***** ** ****** ****** ** ***. ***** are ******* * ****** ***** ** **** ****** ************* *** fact. *.*, *** ***** *** *******.

***** ************* *** ******* ****** ******** "** ***** ***** ***** discounts, ***** ************"

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

* **** ***** *** ** ****** ** ** *** *********** of ********. * ***** **** *** ****** ** ** ****. Having ***** *** *****.

+* *** ***. ** *** ****** ***** ***, * **** you ** *** ** ***. *** **** ** *** ****.

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

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

*******, *** ** *** ***: **** ** *** ***** ** having ~*** ***** ********* *** ******** ******** ** ****** (*.*., few ******* ******** ******* **** ***** *** ** *** *** party)? ** *** *** ***** ** *** ** **** ** entice ****** ** *** ***, ******* ***********, ** *** ** a *******?

** **** ***** **** ********* ***, "** ** **** ** cut ****** ****** *** ***** ***** *****, **** ** ** need *** ***** ***** ****** *** ***** ********?"

**'* *** ***** ** ****** *** *********, **'* *** ***** to **** ~*** ***** *********, *** ** ********* ** *** cheap ** ******* **** ********. *****/********?

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

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

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

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

  • ******* - *******, ******* ** ********** ***** ** *** ** higher **** ******* *****
  • ******* - *** ******* (** *** ****** ** **** *** losing *****, *** **** **** *** ****** ***. *** ********* big ********* **** **** ***** *** ********* ***** ** *** for *******)
  • ***** - ******* *** ******* ******* / ********* ("***, **** is **** *****, **** *******, ********** *** *****"), *** ******* for *** *** ** **** ("** **, **'* **** ******* government ***** ******* **** **** ** ***** ******** ********* *** sales ******** ******").

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

* **** ** ******** **** **** ** ******. **** * can **** *** ** **** *** ** ** ******* **** hik **** **** ** **** **** *** *** *****. **** are **** ******** ******** ******** ****** *** ***** ****** ******* and **** **** **** ***** ****** *** ***** **** **** all **** ******** ******** ********* **. ** **** ***** *******, i **** ***** **** ***** ******** ** ** **.

**** *** **** ******** ******** ******** ****** *** ***** ****** through

**, ** **** *** ***** ** '********' *** ***** ****** through, **** ******* *** ********* ** **:

(*) *** ***** **** ****** * **** **** ***** **** lose ******* **** ***** **** ***** ******* *** *** ***** to *** ******?

(*) *** ***** **** ****** * **** **** **************** ***** the **** ******** ***** ** ***** ******* ******* ******** ** their ******* ******* ****?

(*) *** ***** **** ****** * **** **** ********* ********* using ******* ************ ** ****** ***** ******* ****** ****** *** sale **** ******* *********?

(*) *** ***** **** ****** * **** **** ********* ***** top (*.*., *******) ******** ** **** ** *** *** ****** the **** ** ******** ***** ****** ******* **** *** ** these ***** ** *** ******* *********?

(*) *** ***** **** *** ***** ***** *** ************** *** all ***** ***** ******? *******'* ***** ***** ****** ** **** to **** *** ***** ** ********* ******* ******* ****** ** top ** ***** ******* *** *******?

**** ******* ****** *** *** ********* *** ********. **** ***** and ** ***** *********** **** ****** **** *** ******** **** scratches ***** **** ********* **** **** *** *****.

**** ** ********* ***** ***********? **** **** *** **** ***** approach ** **** ***** *************: **** ******* ************, ***** * field ***** *****, ***. ***** ** ** **** ********** ***** strategy ** ******* (*** *********): *** ** "***" ****** ***** through ******** ***** *** *** ******, *** **** **** *** pivot **** * ********** ******** ** ****.

***** ************* *** ******* ****** ******** "** ***** ***** ***** discounts, ***** ************"

****? ****** ** ***** ************* ***** *********, **** **** ** it **** ************* ******* ****** **** ******* ************* ******* ** monthly **** *** ***'* (*.*.:******* ****** **** ******* ************ *******).

********* *** *** ****** *** ******* ** ***** ****** ** sale. ********* ******, ******** *******, ***-*** *** *******, ****** ******, etc. *** *** **** ********. **** ***** ********* **** *.*.****** use **. ** ** ********* ********* ** * ***-*** ******** and *** **** ****** ********* ** **** "******" ****** ** too-high, *** ** **** *** ** ****. ** ******* **** difficult ** *** *** ** **** ***** *** **** **** brand ******** (** *.*. ****** ******* *** **** ***).

* ** *** **** ** *** ******* ******** **** **** in *** *** *** ***** ******* ********* *** ** ****, the ******** ** "*** ***** - **** ****** ********" *****. They ****** ** ******* *** **** ** *** ***** ******** keeping * ******* *******, ************ ******** *** ********* ****. **** if *** ******* *** * **** ******* *** ***** *******, end **** **** ******** ** ** ********* *****.

"*** ***** - **** ****** ********" *****. **** ****** ** attract *** **** ** *** ***** ******** ******* * ******* margins, ************ ******** *** ********* ****. **** ** *** ******* has * **** ******* *** ***** *******, *** **** **** labelled ** ** ********* *****.

****'* ********* ********** *********. *** ******** ******* *** ** *** maintain **** ***** ******* *** *** ***** ************** ****-****? ***** support **** *** ***** **** *** ** ***** ** * US / ******* ****** **** ********* **** * ***** *** cost *********.

*** *******, ********** ********* ******* ******** ***** ********* *** *** ** *********** ******* **** *** ** ********* has *** *****.

** *** **** ** **** **** ******* ** *** ******'* Liberation ****, *** *** *** ** ** *** ****** **** !

***** *** *** * ****** ******** ******* ***, *** **** if **** ******** ***** *** ** ******* ****** ****** ** a ***** ****?

"**** ******* ****** *** *** ********* *** ********. **** ***** and ** ***** *********** **** ****** **** ***everyone **** ********* ***** **** ********* **** **** *** *****."

****,

* **** **** *** **** *** ***** **** ** **** - *** **********, * **** ****** **** **** ********** *** have **** ****** ******** ** *** ** ******* ********* ***********, effectively *** **** *** ************* **** ***** ****** **** **** your ******** ** *** ** *** ***** ****** **** *** do *** ****.

*** **** ****** ******* ***** ** *** ** *** **** obtuse ****** *'** **** **** *** ****.

****** *********** ******** ** ***. **** ******* **** *** ** ********** **** **** ** economic ***** ** * ***** ***.

******** *********** ********** *** ** ***** **** **** *** *****... *** *** those ****** **** **** ********** ** ******* (********* **** *** and *** ******** *****)- *** *** ******** ** ****** *** obvious *** ***** **** **** ** ******* ******* ****** **** Hik ** ********* **** ******** **** ***'* ****** ***.

**** *** *** ******* *** *** ****.... *** ****** **** with *** ************* ******** ** ******** **** *** ***** ********* that ******** **** *****'*.

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

*** ****** ** ** ************* ** ***, *** **** ******** (and ****** ***** ******) **** ***** ** ** **** ******** everytime ********* *** * **** *** *** *** ****** *********** their ***** ** *** *** ***, *** *** **** *** only ** ** ******* **** *** **********. *** ********* ********* to ******** *** ****** ** ************* ******* ** **. *** we *** ***** *** ******* *** *********** *** ***** *********** and *** ***** *********:

- **** ** ***** ***** *** ********* ********* ** ********* new *******? **** ** **** ** ** ********* ********* *** of ***********?

- *** *** **** ********** ********* *** ** *** **** the ****** *** ** ******** ** **** ** ******* ******?

- ** *** ***** ********* ** **** ****** ** **** doing ********* **** ****** ****?

- ** ***** *** ******** ***** ***** *** *** **********?

- *** *** ********** ********* **** ***** ******* ***** ** such * ******** ***** ** *** ********* **** ** ** because **** *** **********?

- ** *** ** *** ********** **** **** ********** ***** hikvisions ******** ********* ******** *** *********?

- ** *** ***** ********* ** #* ** *** ***** just ******* **** *** **********?

- ** *** ***** ********* ** #* ** *** ***** just ******* **** *** **********?

**** *** #* ** *** ***** ******* **** *** #* in ***** *** **** *** #* ** ***** ******* **** are ***** ** *** **********. *** **** *** ** *** in ***** ******* *** ******* ********** *** *********** ******* **** spending ****** **** ******.

- **** ** ***** ***** *** ********* ********* ** ********* new *******? **** ** **** ** ** ********* ********* *** of ***********?

*** ***** ****** ** ** ********* ********* *** ** ********* dealers ******* ***** ***** ** ********** ***** **** ** **** heavily ** ***** ******** **** ******** **** *** ***** *** anyway. ***** *** **** ****** ** ***** ********** **** *** be **** ** ******* *** ******* **** **** *** ****** in * ******* ********** *********** ******* **** ******** ******* (*** Hikvision **** **** ** ***** - **** ** ***** ******, advertise ** **** ***** ***** ******** *** *********** *********, ******** lavishly ** ******* *.*., ***, ******, ******, ***.)

- ** ***** *** ******** ***** ***** *** *** **********?

~*** ***** ********* **** *** *** ******, *********, ***. ***** NA ****** ***** ** $** - $*** *******. *** **** have **** *** ****** *** *** ***'* *** (*** ****** believe **** *** ** *** ****** ** *** *** ****). You ******* **** *** *****'* *** * *** ** ************ margin *** *** *********** ***** ******** **** ****.

****, *** *** **** *** ********. *** **** **. ********* in **** *** ***** ***** ******** *** ***** ****** ********* plus *** ***, ** *** ***** **** ***** **** **** profitable?

**** *** #* ** *** ***** ******* **** *** #* in ***** *** **** *** #* ** ***** ******* **** are ***** ** *** **********. *** **** *** ** *** in ***** ******* *** ******* ********** *** *********** ******* **** spending ****** **** ******.

*** ***** ***** * ** *** *****,*** **** ** ******** experience,I ******* ********* **** *** ***** *******,**** **** ** *******:

*.*** ********* ***** ** ****:*** ***** **** ** **** * economic ****** ** *** ** ***** ***(****)?

** ** ******* *** *** ******* *** ***** ** *** government,make **** ********.****** *** ** ***** ******* ** **** ******,**** that ** *** ********** ** ********(** *** **** ****** *** better,you *** ****** ** **** * ***)

*.* *** ** ******** ** ***** ***,** ** *** ******* company ** ******* ** **** ********.

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

**** *** *** ****** *** *******,****** ** *** ******* *******,*** is ****-***** *******.****** ** *******.**** ** *****,**** ** ****** ***** why ****** ** ** ********** **** ** ******,**** **** * wise ******(*** ****** **** *** * *** ******** *********** ** i **** **** **** *%,*** **** *** *** ***** *********** to *** ********) *** **** **** * *** ** ****-******* year ******.(***** **** **** ******* * *** ** *** ******** students,and *** ****** **** ** *** ***** **** ******* *** the **** *******)

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

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

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

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

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

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

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

*** *** ****** * **** *****,* **** **** ** ***,** China,now * *** ** ****-**** ********,*** ****** * ** *** state-owned *******.

** ** *** ******* *** ** **% ****-***** *** ********* is *** ******* **********,**** ** **** ** ******** ** ** the ******* **** ** *****.**** *** *** ** *** **** of *****,*** ****** ** *** * *** ******.********* ** ***** be *** ** ** ******* *** * *** ** *****-**** company *** ********** *** *** ***** **** ** ****** ******* economy *** *** * *** ** ******** ******* ** *** state-owned *******.

*** **** *** #* ** ***** ******* **** *** ***** by *** **********

** ****** *** **** ****,* ***** ** ** ******* *** unfair *** *** *** ****-******* ****** ** ***.(********** * ***** one ** **** ****** *** ** *******:**** **** *** *********** investor ** ***** ***** *****,*** *** *********** ******** ** **** enough ** **** *** *********** ** *** *** ***** ** HiK,as * ****,***** ****** ** * ***** **** **** *** stock ** *** *** ******** ***** **** ***** ** ******.*** these ****** **** **** ****,** *** ******* ** ***** ****** and ****** *** *** ********,** *****,*** **** ********** ** **** important.)

* ****** ***** ******* ** * *********** *****,********** ** *****.***** are *** **** ***** **** ** *****.**** *** ****** ****,*** company ** ******* ******* ** ****-*****,***** *** *** ******* ****** words ** *****."*** *****,*** *****".

* **** **** *** *** **** ******,**** ** *** ****** know **** ** ******* ******** **** *********,*** ** ***** **** idea ** *** ******,** ***** *** ***** *****.

****, * ** *** ***** *** *** ************* ** ******.... as * **** ****** * ***** *** *** ***** **** you ** ****** **** **** *** ** **** **** *****.

**** ** ************* ** **** *** *** *** ***** *** fanboys ********* **** *** ** ********* ***** ********* ** ******** some **** ** *****-**** ********* ****** **** ****** **** *** ever ******* ** ******.

**** ** ***** ****** ******: **** *** ******** ************* ******* of ***** ** ******* ****** *****.

************* ****************** **** *** *** **** ****** ****** ** ***** ** continue ******** **** **** ** ********* *** ******** *********** (**** cost *******) *** ***** **** * ******.If **** ***** ** ****, **** ** ****** ***** ******* ** ***** **** ****.

****** ********** **** ******* ******* ******** ** ******* ***** **** goals *** ******* ***. **** * **** ** **** ******** did ** ***** ***** *** ***** **** ** ******** * $500M *** ****. ***** ****** ****** *** ********* *** *** always ******* ** ** ****. ***? ******* ******* *********** *** ****** **** * ****-****** **************** ****** *****.

**** ** *** *****. *** ******* (*********) ******** ** ******** to ******* ******* **** - ********* ****** *****.

** ******* ** *** ****, **** **** ****** ****** ** actually *** *** ** ***.

*** ******* *******, * ***** *** ******* **** * $** war ***** **** ***** ** ****** **** ****** ****** **** a ***********-*******, ********-******** ***** ********** ********?

******* ** *** ***** **** ******** ** *** ****** *****. Our ******** ** ****** *** **** ** ** *** ******** block, ********* ******* *** **** **** **** *** ********* **** other ** **********.

** *** ** **** *********** #* *** **** **** ******** have *******, *** ** ***** * ***** **** ***%, *** have ** ******** *** ***** ** *** ******* *******. **** HikVision ***** *** ******** ** **** ******** ** ** *** supplier ** ****** **** ** ** **** ** ****, * typical ******* ******** **** */** **** ** * *.*. ******** and */* **** ** * ********* ********. ******* ****** ******* for ******* ******* ******** *** ****.

**** *** ******* ******* ******* ******* ** ******-***** *****, *** with **** ********* ***********. ***** ******* ** ****, *** * Chinese ******** *** ** */* **** ** * *.*. ********, and */* **** ** * ********* ********. *** **** *********** disciplines, ******* ********* *** ** *** ** **** **** ******.

**** **** **** ****? ** ***** *********'* ****** ** ******** to ***** *****-****** ******* ** **** ****** ***** ***** ***** holding ** ** *** **** ** ********** ************* *** ********* rapidly.

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

** ** *** *** * ******* **** **** *** *** know **** ******* ** ******* **** ****** ***** ** ****** while ***** ********* **********, ** ** ***** ****** ***** ** a ************ ****, **** *** ***** *** **** *****.

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

**** ** *** * **** ** *********'* ***** *******. ** you're ********** *** ******* ** *** ** *** ****, *************** to ***. **** ******* *** ***** ***** **** ***, *** that *********'* ****** ********** *** ************* *** ******* ** **** end. ** ***** *****, ****'** *** **** ******* ****** ***** at *** **** ** *******, ****'** ******* ** ** *** eventual *** ** **** *******.

*** **** ********** **** ** ********** ** *** *.*. *** Europe ** ***** ** *****-****** ******* *****? **** **** * care ** *****.

*** ***** ************ ********, ** ****** * *** ***** *******, is ****** **** ** *** ****.

- ** ***** *** ******** ***** ***** *** *** **********?

~*** ***** ********* **** *** *** ******, *********, ***. ***** NA ****** ***** ** $** - $*** *******. *** **** have **** *** ****** *** *** ***'* *** (*** ****** believe **** *** ** *** ****** ** *** *** ****). You ******* **** *** *****'* *** * *** ** ************ margin *** *** *********** ***** ******** **** ****.

****, *** *** **** *** ********. *** **** **. ********* in **** *** ***** ***** ******** *** ***** ****** ********* plus *** ***, ** *** ***** **** ***** **** **** profitable?

*** *** ***’ ** ******* ** **** *** ********** ** not.i **** ** **** ********.***** *** ********* ***********:

*.*** ***** ******** ****** ******* ** *** ** **** ** $1.3Billion. *** ***** ******** ********* ***** ** $*.********.

** *** ***** ****** *** *** ***** ******** ***** ** around $*.********=*** *******

*.*** *** ** ***** ** ****** **%~**% ** *** ***** overseas ****** *******.(*** *** *** **** ****** **** ** *** other ******** ** ****** *******, *** **** ****** ****** ** right)

** ** ***** *** *** **' ***** ****** ***** ** around $***-$*** *******

*.* ** *** **** *** *****&*********&***** **** ** *** **,*** if *** ***** ****** ** *****,$** - $*** *******.

**** ***** *** ** ****** ***** **********,**** $**~*** *******.

**** ***** ****** ******.***** ****,*** ** ****** ******* **** *** money,but ****** ****,*** ** ***** *** **********.

*** **** ** ** **** ** *** ******* ***** **** numbers *** *** **** ***** ** *******.

*** ***** ******** ********* ***** ** $*.********.

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

** ****** **** *** *** ********* **** **** ********* *****. One ********* **** **** ******* ** ********* ***** ******. *** did *** *******.

****** ***, **** *** *** ***** ** * *** **** analysis ***** ***** ********** ****** ** *** ** **** *** whole ************* ******* ** ********* *** ************.

** ** ********* ** ******** *** ***** **** ******* ***** internationally. *** *******, ** ** ****** **** *** ************* / loss **** ***** ** *** ** *** ** ********* ** far ********* **** ******* *****. **** ** **** **** *** sales *******, ** **********, ******* *****, ********* *** ******* *****, since **** ** *** ************** ** *** ****.

** ********, *** '***' ******, *** *********, *** ******, *** parties *** **** ** ******** ** ******* ******* ********* **** Hikvision ***, *** *** ****. ** *** ******** **** ******* - *** **** ******* ** ******* ********* *** *****? **** what ** **** ***** ********* **** ******** ******* ** **** it's ********** *** (*** ******** ** **** ** ********) ********** compared ** *** **** ***** ******** ***.

********* *** ***** **** *** ***** ** ** *** **** impressive **** ****** ******* *** ****'* * ****** ** ********* pricing ** *** *** ******* *** ***** *****. *** *******, Hikvision *** *** **** **** ***** ** ***** ** **** Axis *** **** *** *** ******* **** ***** ** *** less ******* ** ******* *************. **** ** ********* **** ********* profit *** ** ***** ** ******** ** **** **** ******* of ***** *** ***** **** *****.

*****.** ******* ** *** ** ****.*** *****:

*.** ***** ** * *** *** ***** ******* ****"********* ****"(***** if *** ********&********** **** ***** ******,*** * **** ******** **** cogs ** **** ** ********* ****)

*** *** ***** ******** ***** ****** ********** ****** ** *****.*** can ***** ***** ****** ***.

*.**** *** ********* *** ** **** *****.* *** ******* *** discussed **** *** *** *****.

** *** *** *** ****** *** **** **** *** *****?*** for ***?

** *** *** *** ****** *** **** **** *** *****?*** for ***?

***, *** ***, *** ** ** ****** ********* *** ***** is *** ******* *****. ** *** ********* *** ***** ******, marketing ******, *&* ****, ********** ****, *** ** ******* **** they *** ******, *** **** *** **** *****, *** *** party, *** ** **** ** **** *** ******* *****. *** is ******** *** **** *** *********** ** *** ********* *** team * **********.

*** *** *** *******, ******* ***:

* ** ********* ******** ** *** ** ****** ** ********* Hikvision **** ***** *** *** ******* **** ****** ** ** Hikvision ****** **** ** * **** ****.

**** ***'** ***** "#*" *** ***'* **** ** ****** ** "NEW ***** ***** *****!" **** ***** ****.

***, * *** *** ***, ******* ***** ***** ******* ******** the "*** ********* ********" **** ** ****:

**** ** ******* ***. ** ** ****** **** ******* ******** but ********** ********* *** ******* ******* *** ******* ******** *** integrator.

* ** **** *****'* * **** **** ******** ** *** way **** ****** ** ****** *** ***** *** ***** *******. They ** * ******* *** **** ********** *** ** *** end **** ** **** ****** ********** ** *** *** ******** floating ******.

*** ***** ******** *** **** *** ***** ******* *** ******* all *** ******* *** ******** ***** **** ******** ** ** successful. ** ** ** * **** ***** *** * ***** nit *** ******* ***.

*****, ****'* **** **** *** ******* ** ** *** ********* but *** **** *** ******** *** ******* ** ************ ***** their *** ***** ********** ********** **** ** **********.

******** ******* ** ****** **** **** ********** ********* *** ********** that ***** * ******* ***** ******** ** **** *****. ** doubt ********* *** **** **** **** ****** ********* ** *** post **** ***** ********** ******** ***** *** **** **** *** mean **** **** ** ********** ** * ******* ******** ***************, which ******** ********* ********* *** *******.

***** - ** ***** *** ********* **** ** *** *** very *********** ***********. * *** *** ***** ***** ** ** honor ** **** *** ************* **** ****, ** *** **** to ****. *******, ** ******* ** ********* ** ****** **** making ********. (****: *************** *****)

*** ************ **** ***** *** ** ***** ****** *******, **** take **** ************* *** *** ******** ******** *** *****. ***** are * ****** ** ***** **** ** *** ******** ***** that ******* **** ****. *************** *** ************* (***** ****) *** be **** ** ****** **** ******** *** ****** ********* ** through.

(******* ***** ******** ** *** ***** *************** **********.)

****** ********* **** ***** *** ***** ** **** ******* **** operate **. ******* *** ******** ******** **** *** ********, **** not ****!

** *** **** ** ***, ***** *********** ******* ** *** the '**** *****' ** '***************' (*** ** **** **** *** IT ***** ********** **** ****), ** ***/** ** *** **** managed ***** ******. ** **** ***** ** *** *****, ********* the ***** ** * ****** ****** ** *********** ****** *******. However, ** *** ***, *** ** *** ******* ****** ******* this ** *** * **** ********.

***** **** **** **** ********* ******* ** **** ****, **** as *********** ****** ** *** **** ******* ***, *** ********* and ******** ****** ** ********* ****, ***.) * *** ***, look ** **** ******** **** * ******** ***********. **** ******* a ******* ***** * *** ** *****, **** *** **** they *** ********** ** ***** ****** ***** (*********** ***** ********, **** * *% *********** ******). ** ***'* ******** ***** and ******** ** *** *******, ** **** **** ** **** point.

******* ** **** ** *** ******* ** **** *****, ****** fail, ************* *********** ** ********* **** ********. * ****, ******** specific *******, *****.

*** ******** **** *** ******* **** **** ** ****** ** their ********. ** * *** ******** **** ******* ***** ******* will ** ******* *** ****. ** ***** ** *** *****, likely * ******** ****** *** ***** **** *****; *** *** about **** *******.... ***** **** *******.

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