Company Research Report: Lorex Corporation
Company Overview
Name and Mission of the Company
Name: Lorex Corporation
Mission: Lorex is committed to developing state-of-the-art security solutions to enhance consumer lifestyle and create a more secure world. They aim to provide innovative smart home security and business monitoring solutions that promote connectivity and privacy while keeping families and possessions safe.
Founding Details
Founded: 1991
Founders: Founded by the Klein family, with a history of business in consumer electronics.
Key People
- No information is available
Headquarters
- Markham, Ontario, Canada
Number of Employees
- No information is available
Revenue
- No information is available
What the Company is Known For
Lorex is recognized for its award-winning products and innovations in the security industry, including the first-to-market 4K security cameras and the Fusion Collection of wired and wireless cameras. They are known for pioneering DIY security systems, high-resolution video technology, and industry-leading features like Ultra HD video, advanced AI, and wire-free systems.
Products
Product Offerings
Lorex offers a wide range of products, including:
- Security Camera Systems
- Video Doorbells
- Weatherproof Security Cameras
- Security Recorders
- Smart Home Systems
- Accessories
High-Level Description and Key Features
1. 4K Battery Video Doorbell
- First ever 4K Battery Doorbell by Lorex, introducing sophisticated 4K clarity.
2. 4K Spotlight Battery Wi-Fi Security Camera
- Offers 4K clarity with Smart AI Detection for reducing false alerts.
3. 4K Wired Video Doorbell
- Industry's first 4K doorbell providing exceptional video resolution for front door monitoring.
4. 4K Dual-Lens Wi-Fi Security Camera
- Provides a 180° View with two cameras integrated into one.
5. Fusion Wireless System
- A combination of wired and wireless devices that offer seamless monitoring and recording using advanced features like person detection and 2-way talk.
6. Smart Security Lighting
- Customizable LED lighting with over 16 million color options.
Recent Developments
Recent Innovations and Product Launches
- Launched the first 4K Doorbell and a 4K Dual Lens Wi-Fi Camera.
- Introduced the 4K+ (12MP) Wired NVR System.
- Launched the industry's first Matter Compatible NVR (N910 Series).
- Released Smart Security Lighting customizable with 16 million color options.
- Unveiled the next generation of Nocturnal Security cameras with features like People Counting and Heat Mapping.
- Launched 2K Dual-Lens Indoor Camera with Instant Assistance feature.
- Introduced 4K Spotlight Battery Security Camera with Artificial Intelligence for enhanced security.
New Partnerships
Conclusion
Lorex Corporation continues to be a leader in the security industry with its dedication to innovation and customer-centric solutions. Their products are designed to enhance home and business security through intuitive, technological advancements and a strong emphasis on privacy and connectivity. Lorex remains at the forefront of the security market, offering cutting-edge technologies and an extensive range of products to meet diverse consumer needs.