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.
Why are the Chinese companies not collapsing too? What’s different about irobot that they can’t compete?
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?