Despite being included on the U.S. Government’s Entity List alongside 27 other tech companies, SenseTime is rumored to register some $750 million in revenue in 2019, respectively over 200 percent year-on-year growth, although sales growth is lower than the numbers between 2015 and 2017, Reuters writes in an exclusive report, citing two sources. Your browser will redirect to your requested content shortly. SenseTime said at the time that it strongly opposed the U.S. ban and would work with relevant authorities to resolve the situation. The company claimed last year it experienced 400 percent revenue growth each year between 2015 and 2017. This suggests strong demand for SenseTime’s technology, which has been used by smartphone makers Xiaomi and Oppo as well as China Mobile and Alibaba Group, despite the ban since October on it buying certain components from U.S. firms without government approval. [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]-(!![]))+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])-[])+(!+[]-(!![]))+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!! BEIJING (Reuters) - Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said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

The sources claim the figures were presented to investors in update meetings. It booked a loss of 3.35 billion yuan ($472 million) on revenue of 1.43 billion yuan in 2018, its IPO prospectus showed. Plans by SenseTime’s Chinese rival Megvii, which was also blacklisted by the U.S., to list in Hong Kong have been delayed until next year, IFR reported on Tuesday. SenseTime is one of the eight Chinese companies blacklisted by the U.S. for alleged involvement in human rights violations of minority groups in the Xinjiang Uighur Autonomous Region (XUAR).

The United States alleges the companies have played a role in human rights abuses against Muslim minority groups in China.

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Our Standards: The Thomson Reuters Trust Principles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

[])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]))/+((!+[]+(!![])-[]+[])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!! This process is automatic. The company was among eight Chinese tech firms placed on the U.S. entity list in October amid ongoing trade tensions. Other existing investors include SoftBank Vision Fund, HOPU Investment Management Company, Silver Lake Partners and Alibaba. However, SenseTime’s 2019 sales growth forecast is sharply lower than its annual revenue growth between 2015 and 2017, which it said last year was 400% in each of those years.

The top 10 competitors average 62.2M.

Hong Kong-headquartered SenseTime, which provides technology-based applications including, facial recognition and video analyzing and autonomous driving, says it is valued at more than $7.5 billion. Despite being included on the U.S. Government’s Entity List alongside 27 other tech companies, SenseTime is rumored to register some $750 million in revenue in 2019, respectively over 200 percent year-on-year growth, although sales growth is lower than the numbers between 2015 and 2017, Reuters writes in an exclusive report, citing two sources. SenseTime made the 2019 prediction to investors in briefings, said the sources, who declined to be named as the information was not public. [])).

SenseTime has a large tech applications portfolio, including facial recognition and video analyzing and autonomous driving, and claims to be valued at over $7.5 billion. Beijing-based Megvii, also known as Face++, said in October it opposed the blacklisting and would prepare contingency plans.



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