IVDA - Iveda resumes work on $1.7M contract from Chunghwa Telecom

Iveda ([[IVDA]] +23.8%) announced that Taipei's ~$1.7M Farglory Dome project from Chunghwa Telecom is back on track; contract calls for deploying a cloud video surveillance system, which is part of the new facilities management plan.The project is expected to be completed no later than March 2022.Iveda is the worldwide provider of IvedaAI intelligent video search technology, Sentir video surveillance products, IvedaPinpoint and IvedaHome IoT (Internet of Things) platforms with smart devices.In May 2015, the construction project was postponed by the Taipei City Government.As per Fortune Business Insights, the global video surveillance market is estimated to reach $33.6B by 2026.

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Iveda resumes work on $1.7M contract from Chunghwa Telecom