SenseTime would not reveal its sales targets for digital sentry device Thunder-Air, but said that it took the company only two weeks to launch the product in March. They are priced between 2,000 yuan and 10,000 yuan per unit, Everbright Securities said. Most digital sentry machines use facial recognition technology to check and record information about individuals' vaccinations, Covid-19 tests and their recent movement before allowing access to public venues.
Hikvision digital sentry verification#
Operators of shopping malls and cinemas will buy the machines to improve efficiency of their verification processes, hence attracting more clients." "The market potential here cannot be matched by anywhere else in the world, because these smart devices will be widely used in big cities to meet stringent virus control rules.
"Anti-pandemic curbs can bring a windfall to China's hi-tech firms, particularly AI technology developers," said Wang Feng, chairman of Shanghai-based financial services group Ye Lang Capital. In contrast, in Hong Kong, shopping malls, supermarkets and wet markets are subject only to passive checking, which means providing vaccination records when asked by enforcement agents. Moreover, public venues and residents who fail to abide by the rules of Shanghai's digital health-code system will face punishment, Zhu Junwei, deputy director of the Shanghai Big Data Centre, told a press briefing in late May. Most digital sentry machines have been developed and are manufactured by SenseTime, China's largest artificial intelligence (AI) firm, as well as Hangzhou Hikvision Digital Technology and Zhejiang Dahua Technology, the country's biggest surveillance camera makers.ĭo you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.
In report published late last month, it said that such devices will be in high demand nationwide because of China's zero-Covid policy and would lead to sales worth 50 billion yuan. Hikvision is now publicly listed on the Shenzhen Stock Exchange.Shanghai's reopening and switch to normal coronavirus control methods after a two-month-long citywide lockdown is expected to create huge demand for digital devices that check and track individuals' temperature, vaccination status and recent movement, generating sales worth 50 billion yuan (US$7.5 billion), analysts said.Īs many as two million such "digital sentry" machines could be deployed in public venues such as hospitals, shopping centres, office buildings and entertainment venues in the coming weeks, according to brokerage Everbright Securities. As further commitment to its customers, Hikvision annually reinvests 8% of its revenue into R&D for continued product innovation and improvement.Hikvision operates over 30 domestic branches in China and 16 overseas regional subsidiaries all over the world to achieve a truly global presence. Hikvision possess the world's largest R&D team and state-of-art manufacturing facilities both allow Hikvision’s customers the benefit of world-class products that are designed with cutting-edge technology. In 2001, Hikvision has quickly achieved a leading worldwide market position in the security industry.
The product line ranges from cameras and DVRs to video management software. The company specializes in video surveillance technology, as well as designing and manufacturing a full-line of innovative CCTV and video surveillance products. Hikvision is the world's largest supplier of video surveillance products and solutions.
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