Hyosung Information System-Huawei Korea Signed MOU for Agreement to Supply Intelligent Video Surveillance Solution

Hyosung Information System, a specialized storage solution company, signed a strategic MOU with Huawei (www.huawei.com/kr, Chairman Richard Yu), the world’s biggest communications equipment company, for the domestic supply of Huawei’s enterprise business product line. Hyosung Information System is Korea’s first official partner in the division of Huawei Korea CCTV video surveillance business, and it is planning to gradually expand the scope of collaboration to various business sectors starting with the supply of intelligent video surveillance solution. Huawei’s product line, which will be supplied in Korea through this MOU, is an intelligent video control system supporting urban safety, road traffic surveillance, disaster prevention and campus security including surveillance camera and video-saving-and-management platform such as NVR ((Network Video Recorder). Hyosung Information System, which has fought well in the public market as a specialized storage solution company, has supplied various storages to the CCTV integrated control systems to local governments around the country including Gangnam-gu and Yongsan-gu, Seoul, and Suseong-gu, Daegu. This collaboration will improve business competitiveness by supplying storage, which is one of the essential component of CCTV integrated control system, CCTV camera, other storage management solution, and intelligent solution all at once.