October 2017: Hikvision Corporate confirms €1.28 billion investment plan
Hikvision confirms to construct four new R&D centres and two new industrial bases to expand surveillance equipment manufacturing and general R&D in various Chinese cities.
As security concerns and cybersecurity risks increase worldwide, Hikvision anticipates demand for its conventional security business will continue to grow steadily. “While we stay committed to R&D in the traditional surveillance industry with video technology as our core business, the planned facilities will promote Hikvision’s technology innovations on i.e. the development of artificial intelligence applications, the Internet of Things, smart cities and more,” says Derek Yang, General Manager of Hikvision Europe. Hikvision will use accumulated profits to fund the project and may seek additional financing methods from traditional sources such as loans. Hikvision’s fixed asset ratios will remain low and operational cash flow will continue to be robust. Hikvision’s new R&D Centres will be constructed in the Chinese cities of Xi’an, Wuhan, Chengdu and Hangzhou. Industrial bases planned for the Chinese cities of Chongqing and Wuhan will improve Hikvision’s manufacturing capacity and production scale for security and innovative new technologies.
June 2017: Hikvision launches full line of machine vision products
Hikvision, a world leader in award-winning video surveillance products and solutions, has launched machine and smart vision products including a series of industrial cameras, lenses, vision software platforms, vision boxes, and smart cameras.
The new camera line delivers more accurate positioning guidance, dimension measurement and identification, with applications in metal processing, industrial automation, and logistics processing, to name a few.
From ultra-high resolutions up to 29 megapixels to super high frame rates of 376 frames per second, Hikvision’s wide selection of machine vision products fit many automation needs. Hikvision machine vision cameras also adopt carefully selected image sensors including Sony Pregius IMX series sensors and ON Semiconductor Python sensors.