Daily Management Review

Chinese Xiaomi released its first drone


On Wednesday, May 25, Xiaomi company formally introduced an UAV with video recording in 4K format. Price of the device is $ 460. Earlier it was expected that Xiaomi drone will cost around $ 610.

The device is equipped with a 360-degree camera, and presented in two versions. More advanced option has the support of 4K. The budget version, which price is $ 380, can record videos in FullHD format.

UAV is able to stay aloft for up to 27 minutes.

The gadget’s control radius, as Xiaomi claims, is three kilometers away. Users can keep track thanks to integrated GPS-sensor. If the drone leaves the controlled range, it will automatically return to its owner.

Official video demonstrating the appearance of new products is already available. The drone is equipped with a spherical dome camera. 

The gadget’s name is simple - MiDrone. It does not fully belong to the budget drones class, and is intended to compete with the top models of DJI due to similar specifications, but the half-less price.

In China, the UAV costs about 4 thousand yuan (about $ 610). It is also known that the assembly of this drone is will be assigned no to Xiaomi, but another Chinese company - FIMI Technology.

The drone is equipped with four propellers and spherical camera controlled via remote controller, or through a special mobile application. 

Consumer unmanned aerial vehicles (UAVs), or, simply put, drones, are now a significant industry in the high-tech, along with virtual reality, artificial intelligence, "smart" electronics, buildings, transport, and so on. Today, we can observe a growing interest in drones, as more and more new start-ups are appearing on the market, the amount of investment in the segment is increasing, and major players of the high-tech sector are starting to get involved in drone-making and related services.

According to Bloomberg’s forecasts, this year it is expected that the sale of drones will be about 4 million units, while in 2020 - about 16 million.

In 2014, the world has sold 4.9 million drones, reports ABI Research. In 2025, as analysts say, the worldwide market for consumer drones will exceed the volume of 90 million units. In monetary terms, the volume of the industry will reach $ 4.6 billion by the middle of the next decade. 

By 2017, sales of the toy drones will exceed revenues of manufacturers of semi-devices, and in 2025, the consumer segment will account for 2/3 of the drones sales.

source: theverge.com

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