Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant’s takeover offer, has warned investors it may not survive the next 12 months.
Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant’s takeover offer, has warned investors it may not survive the next 12 months.
Haha. Ofc with these prices and features compared to some other good Chinese and other brands roomba is doomed. Like check vacuum wars on YT. Middle model roombas are on par with your typical Chinese brand robots but price is double. Basically, you pay for a brand 🤷.
And then they go and remotely kill the vacuum after just 5 years… (See above)… Yeah, not crying for iRobot…
Why are the Chinese companies not collapsing too? What’s different about irobot that they can’t compete?
Competitive market. Chinese brands have lower cost of production and sell their vacuums cheaper. They also took the lead with new features.
Is that a serious question? If it was, then Labor costs is the short answer. The longer answer would also include unmatched economies of scale at every step in the supply chain leading up to the final manufactured product as well. So their cheap labor also gets them cheap components.
Hmm, can irobot not also manufacture their products in China?
Doesn’t matter if it’s proprietary and they price the cost at a high amount