Dahua Technology Selling Its North American Business
Dahua Technology says it is selling its North American division, Dahua Technology USA, to a prominent Taiwan-based manufacturer, ending a controversial saga for the China-based security device maker that has fallen out of favor with US regulators.
In a letter to dealers and distributors obtained by SecurityInfoWatch.com, Lin Kun-Huang, director of Dahua Technology USA, said North America has long been an important market, but Dahua is making a 100% change in ownership to “ensure unwavering commitment to our customers and ensure foundation for long-term growth in the North American market.”
The letter identified the buyer as Luminys Systems, believed to be a subsidiary of Taiwanese company Foxlink. According to its website, Foxlink designs, manufactures and sells connectors, cable assemblies, power management devices and battery packs on an OEM/ODM basis to some of the world’s leading communications, computer and consumer electronics manufacturers.
In business since 1986, officials said Foxlink and its subsidiaries “have successfully developed a variety of products in the field of wireless communications and optical technology, aiming to provide customers with a complete turnkey solution from components to products with the highest quality.”
According to public filings, Foxlink reported revenue of $94 billion NTD in 2022, with 34,000 employees worldwide and about 15 design, manufacturing and sales locations worldwide. Foxlink president TC Gou is listed as president of Luminys Systems.
“We are proud of the work we have done to provide leading security solutions to our end users here,” Kun-Huang wrote. “Furthermore, our relationship with our product vendors has allowed us to deliver our innovative products and services to customers across North America to make it a safer and more secure place.”
The change itself, he wrote, will have no impact on product retailers and they will receive ongoing technical support. The Dahua sales team will not change, and all contact points and sales channels will remain the same, he said. “You won’t have to learn or adapt to new processes, and your business as a merchant will be uninterrupted.
“The change allows us to expand our distribution channel with an American-owned brand, introducing a wide range of products to serve retailers and consumers in the North American market.”
