History
Hikvision was founded in 2001 by Zhejiang HIK Information Technology Co., Ltd. with the company having a 51% stake and Gong Hongjia a 49% stake at that time.
Hikvision has been listed on the Shenzhen Stock Exchange since 2010.[10]
In October 2016, the company concluded a deal to use Movidius' computer vision technology.[11]
In May 2017, Hikvision established Hikstorage, a subsidiary focused on the production of storage devices.[12]
In January 2021, the company won a US$33 million, 1,900-camera smart city project in Shanghe County, Shandong that includes cameras with facial recognition and license plate recognition technologies.[13]
In 2021, Best Buy, Home Depot, and Lowe's stopped selling cameras from Hikvision brand Ezviz due to concerns about Hikvision's complicity in surveillance and human rights violations in Xinjiang.[14]
In 2022, Hikvision was awarded a Chinese government contract to develop software to track "key people" in order to prevent them from entering Beijing.[15][16] The same year, IPVM also reported that Hikvision has specific alarms in its software to alert Chinese police to "religion, Falun Gong, and various protest activities.[17] In 2022, Hikvision won a "smart campus" contract with the Chinese government to alert university administrators of students fasting during Ramadan.[18] Amazon Web Services provides cloud services to Hikvision.[19] In 2023, Hikvision released software that includes ethnic minority detection.[20] In January 2024, Hikvision joined the United Nations Global Compact.[21]
Sanctions and bans
In January 2019, the U.S. government began considering whether it should sanction Hikvision, which American government officials described as having "provided thousands of cameras that monitor mosques, schools, and concentration camps in Xinjiang."[22][23]
The U.S. government banned Hikvision from receiving federal government contracts in August 2019 due to security concerns.[24][25][26] In October 2019, Hikvision was formally placed on the Entity List by the U.S. government, which stated that it was involved in surveillance of Uyghurs in Xinjiang and of other ethnic and religious minorities in China.[7]