• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Hong Kong Smartglasses Firm Sees ‘No Shortage of Budget’ in Gov’t Surveillance

August 22, 2018

Hong Kong Smartglasses Firm Sees 'No Shortage of Budget' in Gov't Surveillance Xloong, a Hong Kong-based tech company specializing in Augmented Reality glasses, is looking to the government’s growing interest in biometric surveillance technology to turn the company to profitability.

The firm was founded in 2015, and has tailored its smart glasses technology to a number of applications including industrial engineering, messaging displays in military helmets, and goggles that display maps for cyclists. But as the company’s CEO, Shi Xiaogang, explained to Nikkei Asian Review, despite revenues of $4.35 million last year, the company has not yet seen a profit, thanks to its extensive R&D investments.

Going forward, however, Xloong “will put 80% of our focus on national security applications”, Shi said, adding later that with respect to government clients, “There is no shortage of budget from them.” It’s an allusion to the enormous state surveillance apparatus, which is increasingly embracing biometric surveillance for policing. Indeed, reports began to appear this year of police equipped with face-scanning smartglasses that could match individuals to criminal databases, though those deployments featured technology from Beijing-based LLVision.

Still, Nikkei Asian Review reports that six local police agencies are already using Xloong’s smartglasses, suggesting there is room for another supplier in this particular niche.

Xloong is also representative of larger market dynamics in being one of multiple AI-focused tech firms enjoying considerable state backing; in its case, primarily through the state-backed BOE Technology Group, which has invested 50 million yuan in the company.

Source: Nikkei Asian Review

Filed Under: Industry News Tagged With: AR smartglasses, Augmented Reality, Biometric, biometric surveillance, biometrics, China, face scanning smartglasses, facial biometrics, facial recognition, smartglasses, Xloong

Related News & Articles

IDEMIA and Cybernetica Team Up On Identity and e-Signature Solution

Nuance Opens New Car-Focused AI Research Lab in Germany

Star-Studded Series C Brings 1Password Valuation to $6.8 Billion

Primary Sidebar

Register For the Next Virtual Identity Summit

Travel & Hospitality Biometrics Online Summit
Register now!

Tweets

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Open Identity Exchange Welcomes TECH5 as Newest Member
  • Four UK MNOs Join Tru.ID’s SIM Authentication Service
  • Engineering VP’s Appointment May Point to NECAM’s Digital ID Ambitions
  • Foundation for Advancing Security Talent to Study Industry’s Hiring Practices
  • Selfie Onboarding Specialist Names New CFO

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 MobileIDWorld