Established in 1990, CHANCE-i first provided VGA graphic
boards, then expanded to DVR boards and related products. Despite
the global economic crisis, CHANCE-i's overseas market grew
in 2008, particularly in emerging markets like Brazil, said Young Hwa Oh, President.
However, in 2009, the company received fewer orders from the U.S. and Europe.
STRATEGIES AND CORE COMPETENCE
The company specializes in software with PoS and access control, hybrid DVRs
and central management software. It also provides PC-based DVRs with MPEG-4
compression. " Our market strategy in the U.S. targets DVRs," Oh said. " Problems still
exist for H.264 encoding and stand-alone DVRs are likely to have trouble searching
With enhanced integration with access control, the company's new DVR applies
second-generation MPEG-4 compression with 32 channels at D1 resolution. CHANCE-i
will launch a compact PC-based DVR at the end of 2009.
Due to product differentiation, the company does not feel pressure from Chinese
competitors. " Chinese manufacturers prefer to produce
stand-alone DVRs instead of PC-based ones," Oh said. " We
cooperate with our Taiwanese partner to get an edge." For the future, CHANCE-i is cautiously optimistic. " The
2010 security market will be the same as 2009, but we believe
the world economy will recover slightly," Oh said.