China Took GoPro and Roomba Markets

ShenzhenChinese makers now dominate the action-camera and robot-vacuum markets, displacing US brands that built both categories.

Chinese makers combined supply-chain scale with faster release cycles than the incumbents they displaced.

GoPro’s action-camera share fell from 75% to 18% in 3 years as Chinese rivals undercut on price and features.

Sources: Rest of World