Chinese maker Xiaomi challenges GoPro with new Yi Action Camera

Chinese company Xiaomi, perhaps best known for its smartphones, has introduced a new GoPro competitor called the Yi Action Camera. This new action camera will only be sold inside of China for the equivalent of approximately $64 USD (399 CNY); the company doesn't, as of now, have plans to sell it elsewhere. This still poses a problem for GoPro, however, which has recently been looking to expand into the Chinese market. Read more