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Business Alliances3652Digital Media Professionals Inc.Information and Communications, Services and Others

DMP and India’s Sparsh CCTV Enter into Basic Agreement to Develop Next-Generation CCTV Featuring Edge AI SoC “Di1”

DMP has signed a memorandum of understanding with Indian CCTV manufacturer Sparsh CCTV to develop prototypes of next-generation CCTV cameras equipped with DMP’s Di1 edge AI SoC. The parties will assess opportunities for collaboration with a view to mass production, but commercialization and any orders or production have not yet been finalized.

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Agreements reached under this partnership

Business Alliances
3652Digital Media Professionals Inc.
Alliance partnerSparsh CCTV
Details of the alliance
  1. 1

    Provision of Di1

  2. 2

    Technical support to maximize system performance

  3. 3

    Hardware design and system development for CCTV cameras

  4. 4

    System integration of Di1

  5. 5

    Prototype development and performance evaluation

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

As an indicative outlook for deployment if the products are commercialized in the future: approximately 50,000 units in the first year, approximately 100,000 units in the second year, and several hundred thousand units in the third year. These figures are current estimates and do not represent a confirmed order or production plan.

About the partner
Business DescriptionA manufacturer engaged in the development and production of CCTV systems in India. It designs and mass-produces surveillance camera products.
LocationIndia
Alliance start dateAfter execution of this MOU. The specific date is Not disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partnerSparsh CCTV
Alliance partner's business activitiesA manufacturer engaged in the development and production of CCTV systems in India. It designs and mass-produces surveillance camera products.
Alliance partner's locationIndia
Type of allianceBusiness Alliances
Details of the allianceProvision of Di1, Technical support to maximize system performance, Hardware design and system development for CCTV cameras, System integration of Di1, Prototype development and performance evaluation
Numerical targets under the allianceAs an indicative outlook for deployment if the products are commercialized in the future: approximately 50,000 units in the first year, approximately 100,000 units in the second year, and several hundred thousand units in the third year. These figures are current estimates and do not represent a confirmed order or production plan.
Alliance start dateAfter execution of this MOU. The specific date is Not disclosed
Items this document does not state (16)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodShareholding PolicyDate of board resolutionContract DateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

By combining DMP’s AI edge semiconductor technology with Sparsh CCTV’s CCTV product development capabilities, the parties aim to expand opportunities to deploy Di1 in the growing Indian surveillance camera market and to roll out edge AI solutions overseas.

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DMP and India’s Sparsh CCTV Enter into Basic Agreement to Develop Next-Generation CCTV Featuring Edge AI SoC “Di1” | Digital Media Professionals Inc. (3652) timely disclosure | Komori