HANGZHOU, China, March 21,
2019 /PRNewswire/ -- Uniview released the annual financial report
of 2018, achieving 607 million USD
revenue and 31.3% year-on-year growth. The total net profit grew to
70 million USD with 20.5%
year-on-year growth. With strong R&D and manufacturing, Uniview
became the 6th largest video surveillance manufacturer in the world
in 2017, according to the international research firm IHS
Markit.
Currently, UNV products are used in 145 countries and regions.
In order to deliver more in-time sales and services, 6
international subsidiaries and branch offices were established,
with more coming in the future. Due to an enhanced
distribution structure, Uniview is widely known by overseas
customers. Moreover, the overseas project market has had
significant development. There was an increase of more
than 400 projects in 2018 using UNV products, covering diversified
industries including airports, cities, education, healthcare, and
public infrastructure.
Uniview concentrates on technological breakthroughs that push
the edge of innovation and invests heavily in research and
development. Uniview has six R&D centers and two research
institutes across China. The
institutes in Hangzhou and
Beijing are designed for strategic
technology research, guaranteeing core product and solution
competitiveness. More than 50% of Uniview's employees
are in the R&D department and Uniview invests
more than 12% of its annual revenue into R&D.
By the end of 2018, Uniview had applied for more than
1,869 patents, 83% of which were invention patents.
Uniview has the highest invention patents authorization rate in the
industry, reaching 94%. As a leader in the industry,
Uniview led or participated in the development
of one international standard, 20 national standards in
China, and 27 industrial
standards. As one of the ONVIF Full Members, Uniview played a
crucial role in developing, discussing and verifying international
standards.
In September, 2018, Uniview's manufacturing base was
officially opened in Tongxiang, China. Occupying 100,000sqm floor area and
70,000sqm construction area, the base is capable of
producing 10 million pieces annually. Together with 4
warehouses in Europe, America,
Middle East and Asia, a mature global logistics network has
been quickly set up.
"Uniview creates value by high quality, promotes value by
innovation and shares value by working together with global
partners," Hermit Zhang, CEO of Uniview said. "Better Security,
Better World is more than a slogan, it is what we are dreaming for
and working toward."