Chinese drone giant DJI Technology built up such a successful US business over the past decade that it almost drove all competitors out of the market. Yet it’s been hit by internal ructions and US sanctions.
The latest additions to China’s list of controlled technology exports could upset a broad range of industries and raise the possibility that some global tech giants might have to split off their Chinese operations.
DJI has unearthed cases of fraud involving its own employees that may trigger losses of about $150-million for the world’s largest drone maker.
China’s SZ DJI Technology has unveiled a small camera drone starting at US$499 that can take off and land from…