Yitu Technology

 

China’s controversial face biometrics standards co-authored by Dahua, Hikvision, Yitu: IPVM

Leading Chinese biometrics and security camera providers helped to craft standards for ethnicity-based identification, according to an IPVM report detailing…

 

Face biometrics giant Megvii approved for $925M IPO on Shanghai Star exchange

Megvii is the latest biometrics unicorn from China to move towards an IPO, with the Shanghai Stock Exchange accepting the…

 

Huge revenue jumps and beaten expectations show biometrics market strength

Yitu may be the next big stock offering in biometrics, in the biggest of several positive items for publicly traded…

 

Yitu files application for major face biometrics IPO in China

Yitu Technology is the latest facial biometrics unicorn based in China to apply for an initial public offering on a domestic…

 

Deep Glint and VisionLabs lead latest NIST biometric facial verification report

Steady improvement in facial biometric verification accuracy is shown by the new Face Recognition Vendor Test (FRVT) 1:1 Verification track…

 

Face and voice biometrics providers in China boosted by AI market growth, Megvii works on robot network

With $2.89 billion registered in 2019, IDC reports the AI software and application market in China is forecast to grow…

 

Yitu wins Shanghai government contract and considers IPO on city’s new exchange

Yitu Technology has reached a deal with municipal authorities in Shanghai as part of a campaign to increase artificial intelligence…

 

Yitu to develop national open AI platform for computer vision under new CTO

Yitu participated in the 17th International Conference on Computer Vision (ICCV 2019) in Seoul, Korea, with its new CTO and…

 

U.S. drops Entity List hammer on Chinese facial recognition unicorns and biometrics providers

The U.S. Government has added 28 organizations to its Entity List, banning major biometrics companies including Dahua, Hikvision, iFlytek, Megvii,…

 

ID4D initiatives and TSA trials top this week’s biometrics and digital ID news

For the second consecutive week, Nigeria and airport biometrics made headlines on Biometric Update, though for different reasons. Several of…

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