Oct 192019
 
 October 19, 2019  Posted by  Business, Non-U.S., Surveillance

Bloomberg reports:

Hangzhou Hikvision Digital Technology Co.v warned it may lose customers in overseas markets because of its U.S. blacklisting, underscoring the extent to which curbs on the sale of American technology may hurt the world’s largest video surveillance business.

Executives at the Chinese camera provider, which reported profit in line with estimates Friday, said however the company was large enough to withstand U.S. sanctions and develop its own technology in the longer term.

Read more on Bloomberg.

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