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DJI-Insta360 rivalry expands despite U.S. regulation

Competition between Shenzhen-based hardware companies DJI and Insta360 is expanding from drones and 360-degree cameras to vlogging devices, emerging as a key variable in the global smart imaging market. The rivalry is widening across product lines, pricing, talent and patent litigation, while U.S. regulatory action affecting foreign-made drones adds uncertainty. DJI holds about 70 percent of the civilian drone market, while Insta360 leads the 360 camera segment on an annual basis.

Industry

China LED chip maker Sanan Optoelectronics drops bid for Dutch firm after U.S. security review

Chinese LED chip maker Sanan Optoelectronics has abandoned its planned acquisition of Dutch technology company Lumileds Holding after opposition from U.S. authorities. Its Malaysian partner, Inari Amertron Berhad, withdrew a $239 million cash offer after the Committee on Foreign Investment in the United States cited “unresolvable” national security risks. Sanan said CFIUS asked for the filing to be withdrawn and the deal to be abandoned, and both sides halted the process.

AI & Enterprise

Four essential conditions for launching space data centers

SpaceX has proposed putting up to 1 million data centers into low Earth orbit, but cooling, radiation, space debris and the costs of launch and orbital assembly must be overcome before it can be realised, MIT Technology Review reported. Space-based data centres would need large radiators to shed heat, while radiation can cause bit flips and permanent damage. Low Earth orbit congestion and re-entry debris are also concerns, and the economics remain uncertain.