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iRobot is likely to collapse within 12 months. (www.theregister.com)
submitted 2 days ago by Tea@programming.dev to c/technology@lemmy.world
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Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant's takeover offer, has warned investors it may not survive the next 12 months.

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[-] imetators@lemm.ee 1 points 1 day ago

Competitive market. Chinese brands have lower cost of production and sell their vacuums cheaper. They also took the lead with new features.

this post was submitted on 12 Mar 2025
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