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At Insta360's third - quarter earnings presentation, an investor posed a question regarding how the company would react to the price - based competition initiated by DJI. Liu Jingkang, the Chairman of Insta360, replied by emphasizing that the price - driven competition set off by the rival (DJI) once it stepped into the panoramic camera market has actually paved the way for market expansion. Fostering growth through market competition is a common objective within the industry. In the meantime, DJI recently organized an internal product trial event for its panoramic drone, the Avata 360. This event was centered around providing attendees with new product experiences, contrary to the external rumors that it was an investor - focused meeting.
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