Backing Big Brother: Chinese facial recognition firms appeal to funds


  • TECH
  • Monday, 13 Nov 2017

A smart departure self-service machine scans a woman's face to authenticate her identity using face recognition technology, during a demonstration by the Immigration Department at Hong Kong Airport in Hong Kong, China.

HONG KONG: Buoyed by China’s plans to build a ubiquitous CCTV surveillance network, Chinese and some foreign investors are pouring money into start-up technology firms that specialise in facial recognition software. 

At stake for firms such as SenseTime Group, Face++ and DeepGlint, is a multi-billion dollar global public and private market for facial recognition technology that can quickly identify individuals by measuring major elements of their faces, such as the distance between the eyes and the curve of the cheekbones.

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