Hikvision Takes A Hike

Chinese surveillance industry giant Hikvision has suspended operations in Russia, joining the ranks of over 1,000 companies that have scaled back business in the country since Russian President Vladimir Putin's 2022 invasion of Ukraine.

Hikvision's Russian website is currently offline, a development flagged by Russian security systems adviser Videoglaz on the social media platform Telegram last week. The precise date operations ceased is unclear...

Hikvision, along with its budget brand HiWatch, comprised some 30 percent of Russia's surveillance camera market in 2021, according to Russian media agency RSpectr. more