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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

 

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