Uniview (UNV) clocked US$ 607 million in revenue and 31.3% year-on-year growth for the year 2018. And, the company posted an total net profit of US$ 70 million registering an 20.5% year-on-year growth. In last few years, the company had increased its footprint and its products are used in 145 countries.
UNV concentrates on technological breakthroughs that push the edge of innovation and invests heavily in research and development. The company has six R&D centers and two research institutes across China. With more than 50% of company’s employees deployed in the R&D department UNV invests over 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.
“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.”