Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Live is Caixin Global's real-time news portal, featuring 24-hour breaking news, short-form analysis, and roundups from business and social media in China.

TRENDING
China Launches EV Safety Inspection After Tesla and Nio Fires
Bank of East Asia to Increase Mainland Capital After Profit Warning
TikTok Owner ByteDance Hits 1 Billion Users
LATEST
Former Interpol President Pleads Guilty to Taking $2 Million Worth Bribes
U.S. Tech Giants Say Proposed Additional Tariffs on Chinese Laptops Harm National Interests
Baidu Suspends Operation of Travel Platform
Apple Asking Suppliers to Weigh Moving 15%-30% of Capacity From China: Nikkei
Is China’s Tesla Wannabe Going Downhill
Xiaomi Eyes $725 Million Expansion to Stave Off Huawei in China
Suzhou HYC to Start Subscription for New-Board IPO June 27
Head of Hebei Government Newspaper Under Investigation
Tencent Reshuffles Leadership of Fintech Business
Local Government Crackdowns on Some ‘Foreign’ or ‘Feudal’ Place Names Draws Debate
Chinese E-Commerce Players Boast Record Sales During Mid-Year Shopping Festival
'Three-Body Problem' TV Series in the Works
Xiaomi to Invest 5 Billion Yuan in Retail Channels
TikTok Owner ByteDance Hits 1 Billion Users
PBOC Again Moves Against Yuan Shorters With Hong Kong Bill Issuance
Growing Parade of China Tech ‘Losers’ Line Up for New York Listings
China's Got More Competition Now as Info-Tech Exporter to the U.S.
Xpeng Makes 10,000th Car Amid Plans for New Fundraising Round
Debt-Saddled China Railway Restructures in Line With State Sector Reform Push
Company Dismisses Own Swine Fever Vaccine Claim as ‘Typo’
Swiss Drone-Makers Eye Chinese Market

By Li Liuqian and Tang Ziyi / May 20, 2019 02:28 PM / Business & Tech

Photo: VCG

Photo: VCG

A few Swiss drone manufacturers are eying forays into the booming Chinese market, Caixin learned in Switzerland last week.

A representative of drone startup SwissDrones said the company will begin selling nine drones in China this year, with the number anticipated to hit 25 by 2020.

Its peer Fixposition is in talks with a Chinese agricultural drone company to replace its American partner that currently provides supporting technology as part of its bid to enter the Chinese agricultural drone market, a company representative said.

Industry watchers said Swiss drone-makers would fare better entering market sectors such as agriculture and logistics, rather than compete with market dominator DJI, whose drones are mainly used for filming in media and entertainment industries.

Most drone companies in Switzerland are startups founded within the past five years, according to Simon Johnson, vice president of the Drone Industry Association Switzerland. The country has around 80 drone startups, Alexandre Edelmann, an executive of the Swiss Foreign Ministry, told Caixin.

Related: Engineer Jailed for Leaking Drone Giant DJI’s Code Online

 

Share this article
Open WeChat and scan the QR code
Copyright © 2019 Caixin Global Limited. All Rights Reserved.