China Stock Ideas

[gfp927z]

Chinese drone maker DJI -

>>> SZ DJI Technology Co., Ltd.[3] or Shenzhen Da-Jiang Innovations Sciences and Technologies Ltd; pinyin: Shenzhèn Shì Dà Jiang Chuàngxin Kejì Youxiàn Gongsi)[4] or DJI (????; Dà Jiang Chuàngxin), is a Chinese technology company headquartered in Shenzhen, Guangdong. DJI manufactures commercial unmanned aerial vehicles (drones) for aerial photography and videography. It also designs and manufactures camera systems, gimbal stabilizers, propulsion systems, enterprise software, aerial agriculture equipment, and flight control systems.

DJI accounted for over 90% of the world's consumer drone market as of June 2024.[5] Its camera drone technology is widely used in the music, television, and film industries. The company's products have also been used by military and police forces,[6] as well as terrorist groups, with the company taking steps to limit access to the latter.[7]

DJI products have drawn concerns over privacy and security. They have been used by combatants from all sides during the Russian invasion of Ukraine.[8][9] The company has been designated as a "Chinese Military Company" and sanctioned by the United States government, but its drones can still be purchased and operated in the country.[10][11]

History

A DJI store in Shenzhen, Guangdong

The company was founded in 2006 by Frank Wang (Wang Tao, ??).[12] Born in Hangzhou, Zhejiang, he enrolled as a college student at the Hong Kong University of Science and Technology (HKUST) in 2003. He was part of the HKUST team participating in the ABU Robocon and won third prize.[13]

<<<


https://en.wikipedia.org/wiki/DJI


---