Hikvision, the Chinese video surveillance products company, has announced its preliminary earnings results for the full-year 2015. It reports revenues of US$3.88 billion, amounting to a 46.97pc growth rate year on year.
Cynthia He, vice president at Hikvision, said: “The security industry is continually developing and Hikvision is at the forefront of that development. Our ongoing investment into research and development is a crucial component of our growth. Each year Hikvision invests 7pc to 8pc of our sales revenue into R&D, focusing on product innovation and our comprehensive and industry-leading product development system.
“We have an ever-expanding network of domestic and international business contacts, which allow us to keep in touch with the market and make decisions based on the practical requirements of customers worldwide. And our range of total solutions for vertical industries means we can cater to a huge variety of specialist applications.
“In 2016, Hikvision intends to continue with this impressive momentum, with an ongoing emphasis on developing new partnerships, further business expansion, and continuous product innovation.”
