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INSIGHTS

Chinese Suppliers Turning Challenges into Opportunities

Chinese Suppliers Turning Challenges into Opportunities
asmag.com talks to Chinese camera, DVR, access control, central management software (CMS) and network management platform manufacturers as well as IP solution providers in Hangzhou.

asmag.com talks to Chinese camera, DVR, access control, central management software (CMS) and network management platform manufacturers as well as IP solution providers in Hangzhou.


The Chinese security association issued a report, showing that the electronic security market had grown between 60 percent and 70 percent in 2008, while predicting only 20 percent growth in 2009. The large domestic market is helping Chinese players expand overseas. "Chinese DVR producers have large enough sales margins to withstand global recessions. Appreciation of the Chinese yuan is reducing our space only for price discounts; it is not squeezing our profits," said Wang Zengqiu, General Manager at Da...

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