US Dollar Rises, CCTV Market Has Decreased Sales

By : Ahmad Fadli And Aldi Firhand. A | Friday, September 21 2018 - 20:24 IWST

Hikvision Launches EZVIZ
Hikvision Launches EZVIZ

INDUSTRY.co.idJakarta - The rupiah exchange rate is still showing a downward trend. Garuda's currency exchange rate is still at the level of Rp. 14,898 per US dollar. The weakening of the rupiah had an impact on the Closed Circuit Television (CCTV) Industry. This was experienced by PT Pasifik Teknologi Indonesia (PTI) as the authorized dealer of Hikvision CCTV video surveillance.

His party experienced a decline in market sales of up to 10 percent. "As a result, in the second quarter it was holding back price increases. We have to adjust the market for CCTV, "said Michael Chen, Country Manager of Hikvision Indonesia in a press release in Jakarta, Friday (9/21/2018).

HIKVISION itself is an innovative and leading provider of video surveillance products and solutions in the world. Featuring the strongest research and development (R & D) workforce in the industry, HIKVISION advances technology in audio and video encoding, processing video display, and data storage, as well as future technologies such as cloud computing, big data, and deep learning.

HIKVISION has operated 33 regional subsidiaries worldwide to achieve a truly real presence. "We have also installed 10,000 CCTV units in implementing smart city in Jakarta," he said

Currently, PTI already has more than 1,000 partners spread throughout Indonesia and continues to expand to all cities in Indonesia.

News Comment

Today's Industry

Alvara Research

Sabtu, 26 November 2022 - 06:20 WIB

Turnover Rises High, Culinary MSMEs No Problem Paying OFD Platform Commissions

Online food delivery (OFD) services have accelerated the growth of food and beverage (F&B) MSMEs in Indonesia by 1.9 times faster compared to offline sales. OFD platforms enable MSMEs to have…

KB Bukopin Building. (Photo: Kompas.com)

Kamis, 24 November 2022 - 20:43 WIB

Shares Price Falling, Deficit IDR 6.99 Trillion, KB Bukopin Investors Not to Expect Dividends

The shareholders hope of issuers listed on the Indonesia Stock Exchange is of course to produce investment results in the form of capital gains and dividends obtained from the positive performance…

A Health exhibition of Banten Province on November 3-5, 2022 at ICE BSD, South Tangerang, Banten. (Photo: Banten Province PR)

Jumat, 18 November 2022 - 16:14 WIB

Premier Bintaro Hospital Assigned as Banten Medical Tourism Hospital

Banten Province hosted the 58th National Health Day by holding a health exhibition on November 3-5, 2022 at the Indonesia Convention Exhibition (ICE) BSD, South Tangerang, Banten.

Rully Prayoga (dressed in white), the Campaign Manager of World Animal Protection (WAP) Indonesia, is giving a press statement. (Photo: Bang Abe)

Senin, 14 November 2022 - 00:00 WIB

Global Fast Food Restaurants in Indonesia Expected to Guarantee Product Quality

Once a friend opened a conversation by asking why the bodies of wild rats now are so big compared to before, they are not as big as now.

Asahi Kasei , Dusseldorf, Germany

Senin, 07 November 2022 - 21:00 WIB

Asahi Kasei joins the Hydrogen Council

sahi Kasei announced that it has joined the Hydrogen Council as a steering member.