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China tech

Hikvision launched 'de-Americanization' plan before blacklist

Chinese surveillance giant sees limited impact from supply chain disruption

Hu Yangzhong, the president of Hikvision, said on Wednesday that in addition to diversifying its supply chain, the company is also considering rolling out its own chip production.   © Reuters

HONG KONG/TAIPEI -- Chinese surveillance giant Hangzhou Hikvision Digital Technology said on Wednesday that it had initiated a plan to fully replace American components in its products, in preparation of a supply chain disruption, months before the U.S. announced new sanctions this week.

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