“If GoPro camera prices drop far below $100 in the future, you may have a Chinese company called Xiaomi to thank. Known for its popular smartphones that dominate the Chinese market, the company has launched a new product called the Yi Action Camera that aims to become the GoPro of China while costing just a fraction of the price.
While the entry-level GoPro Hero costs $130 in the United States, Xiaomi’s action camera will go on sale in China for just ¥399, or roughly $64.”…
Looks a lot like a GoPro!