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Is this the end of the once-mighty GoPro?

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Re: Is this the end of the once-mighty GoPro?

#341

Post by hdgvhicv »

lostlogin wrote: post #272
hdgvhicv wrote: post #193

Earlier quoted context omitted.

If you’ve spent a life and the market being supreme then it’s a shock. China’s economic system is wiping the floor with the west. The U.K. has just nationalised a steel plant which had been bought by China to stop it from being destroyed, and of course the economic right wing hate this as steel is far cheaper to import.

Britain is on a hell of a trajectory. First Brexit then the rise of Reform. If that scam of a man wins the next election, it’ll be quite the show.

Reform reached 31% in the polls and have slipped to 26%. there’s a (slim) chance Farage will be beaten by a comedian in a bin.

Trump reached 55% and became president. Twice.

Pot. Kettle.

Re: Is this the end of the once-mighty GoPro?

#342

Post by lokar »

inigyou wrote: post #331
lokar wrote: post #321

Earlier quoted context omitted.

Two main reasons. It requires taking a lot of freedom / agency away from individuals, and redirecting much of the profits of successful enterprises to subsidies (and suppressing individual consumption and standard of living).

[flagged]

Median PPP adjusted income and disposable income tells a very different story.

Re: Is this the end of the once-mighty GoPro?

#343

Post by throwaway2037 »

lostlogin wrote: post #268
creato wrote: post #199

Earlier quoted context omitted.

> Between 2005 and 2024, Chinese firms received on average three to eight times more subsidies than competitors in OECD economies. https://www.oecd.org/en/blogs/2026/06/industrial-subsidies-h...

What’s the level of subsidy that’s ok?

I'll take a stab. How about something like not more than 50% greater than OECD average per industry? My point: It seems reasonable that some countries was to specialise in certain areas. For example: Taiwan and (East!) Germany chose to build-out their semiconductor industry starting in the 1980s. It has paid pretty good dividends with a healthy amount of industrial subsidies. I also think the OECD should be raising tariff rates to protect against ridiculous levels of Chinese subsidies.

Re: Is this the end of the once-mighty GoPro?

#344

Post by mft_ »

tclarke142 wrote: post #326

I had a GoPro Hero 7 and 8. In the -10c snow they battery wouldn't even last for 5 minutes. It's a bad product and just like with cars and solar the Chinese are ruthlessly out-engineering the west.

I had the same problem with (I think) a Hero 3 over a decade ago; given snow sports is a key use case, this is poor.

Re: Is this the end of the once-mighty GoPro?

#345

Post by throwaway2037 »

tadfisher wrote: post #260
bruce511 wrote: post #232

Earlier quoted context omitted.

Arms, weapons, fighter jets and so on. The US sounds a trillion $ a year subsidizing the military industrial complex. The US chose their market (arms). The Chinese chose consumer goods. Go figure.

Basically every "made in USA" consumer product has a DOD contract. The DOD is mandated by law to purchase from US companies, so there is a huge sector of small-to-medium businesses which only exist because there is a guaranteed order coming every quarter for uniforms or boots or other equipment that would likely be 1/3 the price if they were contract-manufactured in China or Vietnam. Not saying this is uniformly bad,…

I wonder if this pattern is true for all militaries in rich countries. I think it sounds like good economic policy. If you want to grow your military, then you need to make sure it is spent domestically. Also, the "finish good" may include lots of parts that were built overseas. Think about a Tomohawk missile: I am sure the microchips are all made overseas. That said, the intellectual property is developed domestically (or with very close allies) and final assembly is done domestically.

Re: Is this the end of the once-mighty GoPro?

#346

Post by throwaway2037 »

bob778 wrote: post #308
vitaflo wrote: post #213

Earlier quoted context omitted.

Also on Avinox motors on e-mtn bikes. Originally made by DJI, then spun off into their own company, and they are starting to eat the competition on all e-mtn bikes at this point. Bosch, TQ, Shimano, et al just can't compete, especially because Avinox is iterating at startup pace and all the rest are iterating at bike pace (slowly).

This is the key though: it’s not just supposed subsidies, because the Chinese companies are fundamentally just faster and more efficient

I would argue the real answer is world class supply chain for high tech manufacturing. And that supply chain is heavily subsidised.

Re: Is this the end of the once-mighty GoPro?

#347

Post by awesome_dude »

tptacek wrote: post #299
baby wrote: post #211

Earlier quoted context omitted.

I can't read this seriously while being unable to buy any Chinese EVs here in the US.

You can't buy Chinese EVs in the US because China is overtly running a dumping campaign for them. It's an interesting story, read up on it!

Wait - what?

You cannot buy them because they are dumping them??????

Re: Is this the end of the once-mighty GoPro?

#348

Post by FpUser »

jaapz wrote: post #160
gchamonlive wrote: post #113

Earlier quoted context omitted.

Reads to me like it's free market doing its job, if you think of countries as companies. US just needs to step up its game.

It's not really a free market when one country is heavily subsidizing it's industries

Or when one country can print endless money while threatening the rest of the world with all kinds of punishment if they stop using it as a reserve currency.

Stop crying already. US subsidizes a boatload of things.

Re: Is this the end of the once-mighty GoPro?

#349

Post by throwaway2037 »

rr808 wrote: post #16

I'm just surprised that an American brand making electronics lasted this long. Even Japanese companies are giving up. No one can compete with China. Apple somehow reigns supreme still. Anyone else?

I will pick an odd example. I was shocked to learn that SpaceX manufactures its ground satellite dishes (that customers need to buy) in Texas. They make more than five million units per year, and are looking to double that number. I am surprised that they did not outsource it to China. Maybe they are concerned about intellectual property theft. Still, that must be a hefty "tax" to pay to manuf in US instead of China.

Re: Is this the end of the once-mighty GoPro?

#350

Post by Maxatar »

hmokiguess wrote: post #182

I bought my first GoPro for a scuba diving trip in Mexico once. Was super excited, it was my first scuba diving experience too. As soon as we hit deeper waters the capture button pressed itself down due the pressure and it wouldn’t come back up. That, unfortunately happened in a way that I couldn’t start a capture. Lost the entire thing, despite the camera being perfectly fine after we came back to surface. Hated the…

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