Xiaomi Mi Drone poses price challenge to DJI

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http://www.bbc.com/news/technology-36378087

Chinese smartphone maker Xiaomi has announced its first drone, pricing it significantly lower than a comparable model by the market leader DJI.

The Mi Drone can stay airborne for nearly half an hour and will be sold with a choice of stabilised cameras.

The move gives Xiaomi the chance to target a fast-growing market, at a time when it has failed to meet its own sales targets.

One expert said the firm now had to win over potential buyers’ trust.

“The feature set between the Mi Drone and DJI’s Phantom 3 is almost identical – they can both be made to return home and circle around a point of interest – but Xiaomi’s product is so competitively priced you have to wonder if it can make much profit,” Engadget’s Chinese editor-in-chief Richard Lai told the BBC.

“So, the new drone will probably appeal to beginners. But experienced fliers want reliability and a brand with experience, and DJI has spent years refining its technology.

“It will take Xiaomi some time to prove itself as we still don’t know how reliable its drones are, the quality of its video footage or how well its software will work.”

Xiaomi plans to sell the Mi Drone with a 1080p high-definition camera with a 1km (0.6 miles) range for 2,499 yuan (£260), and a version with a higher-resolution 4K camera and 2km range for 2,999 yuan (£310).

By contrast, DJI – another Chinese firm – sells the Phantom 3 4K with a range of 1.2km for 4,999 yuan (£520).

Xiaomi vice president Hugo Barra said that drones were “typically a product for rich people”, but that his company wanted to sell them to a wider audience.

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“Chinese smartphone maker Xiaomi has announced its first drone, pricing it significantly lower than a comparable model by the market leader DJI.”

drone business is now big business..see how its crossed over from a weapon of war to a domestic toy and an innovative new “tool” for companies..

401

~ by seeker401 on June 6, 2016.

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