iRobot Corp - Company Profile
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iRobot Corp (iRobot), a subsidiary of Shenzhen PICEA Robotics Co Ltd, is a designer, developer, and marketer of consumer robotic products. Comprehensive brand portfolio and R&D are the company’s major strengths, whereas dependence on third-party manufacturers remains a cause of concern. The global consumer electronics retail market and the launch of new products are likely to offer growth opportunities to the company. However, intense competition, growing labor costs in the US, and over-reliance on contract manufacturing could affect its business operations.
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