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Posts Tagged ‘GoPro’

Leaked: GoPro to reveal entry-level ‘HERO’ action cam this week, will cost $200

27 Mar

A major leak earlier today confirmed what rumors have been claiming for over a week: GoPro is preparing to release an entry-level version of its HERO action cam. The new camera—ostensibly just called the GoPro HERO—will feature the same styling as its high-end HERO6 sibling but, thanks to some pared down specs, is allegedly priced between $ 180-$ 200.

According to this leaked PDF courtesy of Nokishita, the GoPro HERO will shoot 1080/60p and 1440/60p video as well as 10MP stills at up to 10fps, can capture timelapse video at 0.5 second intervals, is waterproof to 10m (~33 feet) out of the box, and features a 2-inch touchscreen on the back.

The PDF (which is in French) also specifies that the camera features WiFi and Bluetooth connectivity, voice control, and compatibility with GoPro’s one-touch Quik Stories highlight video creation in the GoPro app.

The leak does not cover price or release date; however, Photo Rumors is reporting that the new HERO camera—also seen in the leaked images above—will cost between $ 180 and $ 200, and Nokishita writes that the HERO will be announced on March 30th. If that turns out to be the case, be sure to check in with DPReview this Friday for the official details.

Articles: Digital Photography Review (dpreview.com)

 
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GoPro licensing deal will let third parties use the company’s camera tech

24 Mar
Photo by Dose Media

GoPro has announced a new deal with manufacturing services company Jabil. The multi-year agreement, officially announced Thursday, will involve GoPro licensing its intellectual property and reference design to Jabil, which will use it to incorporate GoPro sensor modules and camera lenses into third-party products.

According to the GoPro announcement, the company will reserve approval over any third-party services and products in which its technology is used. The agreement includes an equipment license, ultimately covering “a range of products and services each company offers,” among them being “certain digital imaging and consumer products,” says GoPro.

This isn’t the first time Jabil and GoPro have worked together. Jabil Optics’ vice president Irv Stein calls this new deal “a natural extension” of the companies’ involvement with each other, explaining that the GoPro tech will likely be used in “enterprise” segment:

This agreement is a natural extension of our long-standing relationship with GoPro and our commitment to developing innovative technologies. Early market feedback indicates strong demand in the enterprise action camera segment for applications in smart homes, military, fire, police, rescue, and security.

Additional details about the agreement, including financial numbers, weren’t disclosed. However, the expanded partnership comes at a time when GoPro faces ongoing financial troubles that have resulted in multiple layoffs over past months. Licensing its goods may help GoPro survive its turbulent action camera sales.

Press Release

GoPro and Jabil Announce Global Technology and Equipment License

San Mateo, CA and St. Petersburg, FL, March 22, 2018 – GoPro, Inc. and Jabil Inc. today announced a global, multi-year technology and equipment license. With this agreement, Jabil will leverage GoPro’s cutting-edge reference design and IP to produce camera lens and sensor modules for incorporation into GoPro-approved third-party products and solutions. This agreement builds on GoPro and Jabil’s longstanding relationship.

“This collaborative approach with Jabil will enable innovative, GoPro enabled products and services from some of the most exciting hardware and software companies out there,” said Sandor Barna, GoPro’s chief technology officer. “Imagine a world where video conferencing, robotics, and even self-driving cars are powered by GoPro’s camera lenses and image sensors. Together, GoPro and Jabil can make this a reality.”

This agreement covers a range of products and services each company offers, including certain digital imaging and consumer products. GoPro and Jabil have a history of collaborating to bring high-quality, cutting-edge products to consumers, including GoPro’s line of HERO cameras, starting with HERO4.

“This agreement is a natural extension of our long-standing relationship with GoPro and our commitment to developing innovative technologies,” said Irv Stein, Jabil’s vice president of Jabil Optics. “Early market feedback indicates strong demand in the enterprise action camera segment for applications in smart homes, military, fire, police, rescue, and security.”

Articles: Digital Photography Review (dpreview.com)

 
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Report: GoPro is looking for a buyer

09 Jan
Photo by Fabrizio Verrecchia

Just hours after GoPro’s disappointing Q4 2017 report—in which the company outlined a cost-cutting plan and announced that it would no longer be making drones—CNBC is reporting that the action cam giant has “put itself up for sale.”

The report cites “people familiar with the matter” who asked not to be named, but who told the network that GoPro hired J.P. Morgan Chase “some months ago” to find a buyer. The sources claim no buyer has come forward as of yet, but GoPro CEO Nick Woodman himself confirmed that the company would be open to a partnership or buyout.

Speaking to CNBC earlier today, Woodman said:

If there are opportunities for us to unite with a bigger parent company to scale GoPro even bigger, that is something that we would look at.

GoPro has suffered setback after setback since it went public in 2014, with lackluster action cam sales due at least in part to increased competition from smaller manufacturers, a disastrous launch (and recall) of the Karma drone, multiple rounds of layoffs, and its unceremonious exit from the drone market today. The stock price chart is… not pretty:

Chart via Google Finance

Interestingly enough, after taking a dive on the Q4 report, GoPro’s stock actually recovered a bit on news that the company was seeking a sale.

Still, despite a market cap of a little over $ 1 billion, you can bet that any potential buyer will be eyeing a price well below that mark unless the company’s plan to “[turn] the business around in 2018” starts to show some results.

Articles: Digital Photography Review (dpreview.com)

 
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Report: GoPro has laid off 200-300 more staff from its drone division

06 Jan

Californian action camera manufacturer GoPro has laid off between 200 and 300 staff, according to a report by TechCrunch. The report claims the redundancies have been made in the division of the company that builds it aerial offering—the Karma drone—and that GoPro cited a need to “better align our resources with business requirements” as the reason for the layoffs.

GoPro has suffered in recent times, with its share price taking a hammering and profits showing in negative figures. One of the main reasons for this was the much-anticipated Karma drone, which had to be recalled after it was discovered the battery could shake itself loose, causing the device to lose power mid-flight and plummet back to Earth.

The company claims that, since returning to stores, Karma has been the number 2 best-selling drone priced above $ 1,000 in the US for a period of six months up to September 2017. Even so, it would have faced (and still does) stiff competition from former partner DJI.

GoPro’s November report to shareholders announced increased revenue of $ 300 million, up 37% on the same quarter last year, and a gross margin of 40%. The company was in profit too, making $ 15 million against a loss of $ 104 million in the third quarter of 2016. However, the share price has remained low, with current trading at $ 7.51 against a high of $ 90 in October 2014.

After 370 job cuts in 2016 and early 2017 the company stated that it employed 1,327 people, but that number is now set to drop to close to 1,000, according to the TechCrunch report.

GoPro, which has been operating under the name since 2004, hasn’t commented on the claims, but the job losses have come between the end of the financial year (December 31st) and the company’s annual report, which would seem the logical time to do it.

Articles: Digital Photography Review (dpreview.com)

 
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Video pits the GoPro Hero6 against the ‘GoPro Killer’ Sony RX0

27 Dec

A new video from YouTuber and former host of DigitalRevTV Kaiman Wong compares the Sony RX0 and the GoPro Hero6, putting Sony’s miniature camera up against GoPro’s latest flagship action cam.

Many are hailing the 1-inch sensor Sony RX0 as a “GoPro killer,” and despite the fact that it isn’t even explicitly marked as an action camera, both the RX0 and the Hero6 are capable of shooting in similarly challenging environments. Each camera ultimately brings its own features to the table, raising the question Kai’s video attempts to answer: which one is better?

Articles: Digital Photography Review (dpreview.com)

 
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GoPro Q3 2017 financial results reveal return to profitability

04 Nov

GoPro has reported its Q3 2017 financial results, detailing revenue that highlights a return to profitability. The company has undergone extensive business restructuring over past months in an effort to reverse its fortunes while decreasing non-GAAP expenses. According to its latest quarterly results, GoPro saw a 37% year-on-year revenue increase, raking in $ 47 million in cash with a 40% gross margin.

GoPro achieved both GAAP and non-GAAP profitability during its third fiscal quarter, with company CEO Nicholas Woodman saying, “GoPro has turned a corner, restoring growth and profitability to our business.” In addition to growing revenue, GoPro saw “dramatically reduced operating costs,” though the lower costs won’t affect its product roadmap, according to Woodman.

In its third quarter last year, GoPro saw a GAAP net loss of $ 104 million. Compare that to this year’s Q3 GAAP net income of about $ 15 million, and you’ll get a sense of the drastic improvement the company just posted. The turnaround has been largely driven by GoPro’s average sales price (up 22% year-on-year) and the cat that its quarterly operating expenses were the lowest they’ve been in 3 years.

Articles: Digital Photography Review (dpreview.com)

 
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Video comparison: GoPro Hero6 ‘is what the Hero5 should have been’

03 Oct

GoPro announced the all-new Hero6 last week, and while it might look identical to the Hero5 on the outside, the camera’s capabilities have been vastly improved thanks largely to a new custom-designed image processor called the GP1. But does this fancy new processor deliver on its promises for better stabilization, improved dynamic range, and improved low light performance?

The folks at Vistek wanted to find out, so they pitted the Hero6 against its predecessor in a range of head-to-head tests that demonstrate one thing very clearly: The GoPro Hero6 definitely delivers on its promises.

From stabilization—which is now available all the way up to 4K/24p—to dynamic range and beyond, the Hero6 soundly beat the Hero5 in every test Vistek threw its way. Of course, you’d expect this from a new model of the same action camera, but for the most part, the improvements are not simply incremental… they’re obvious.

As with any small action camera there is still plenty of room for improvement; a small sensor is still a small sensor and there are plenty of things a tiny little action camera just doesn’t do particularly well no matter what. But as Vistek points out, GoPro seems to have listened to its consumers (and competition from companies like Yi) and built that action camera that ‘is what the Hero5 should have been.’

The question now becomes: is it too little too late? But you’re the only one who can answer that.

Articles: Digital Photography Review (dpreview.com)

 
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GoPro Hero6 arrives today with 4K/60p recording, improved image quality, better stabilization

29 Sep

A more powerful processor is at the center of GoPro’s Hero6 Black announcement today, enabling features like 4K/60p video recording and improved dynamic range compared to its previous Hero action cams. The custom-designed GP1 processor also enables 1080/240p slow motion video, and claims that improved image stabilization and better low light performance come with the package.

Like the Hero5, the Hero6 is waterproof without a case to a depth of 10m/33ft. It also supports GoPro’s QuikStories, a mobile app feature that analyzes footage and automatically assembles short clips of what it identifies as the highlights of your adventure. GoPro says that the new GP1 chip offers advanced machine vision and computer learning capabilities to analyze scenes and create better automated stories.

Other improvements include 3x faster offloading speeds and a new digital zoom feature. The Hero6 comes of course with Wi-Fi and Bluetooth, as well as GPS, accelerometer, and gyroscope sensors to track all of the action.

The GoPro Hero6 Black is on sale today for $ 500.

Articles: Digital Photography Review (dpreview.com)

 
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GoPro Fusion makes official debut, captures 5.2K spherical video

29 Sep

GoPro’s pro-grade spherical camera has been in the works for a while now, but today Fusion gets its official debut today. It’s capable of 5.2K/30p and 3K/60p spherical video capture, in addition to 18MP spherical stills. It touts gimbal-like stabilization without a gimbal, and provides a feature GoPro calls OverCapture to create tradition fixed perspective video from 360-degree footage.

It’s not quite as rugged as its Hero siblings, but Fusion is waterproof to 5m/16ft. Wi-Fi and Bluetooth connectivity are included and the camera is compatible with the existing GoPro app. It’s up for pre-order now to US, UK, European and Canadian customers for $ 700.

Articles: Digital Photography Review (dpreview.com)

 
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GoPro Hero6 leaked again: Shoots 4K at 60fps, 1080p at 240fps, and costs $500

22 Sep
Newly leaked photos of the GoPro Hero6 form a Best Buy in Canada. Photo credit: The Verge

Days after the first photo of the upcoming GoPro Hero6 action camera leaked online, showing that the little cam will finally be able to shoot 4K at 60fps, another set of images has appeared after the camera was put up (by mistake, we assume) at a Best Buy in Canada. The photos were sent to tech site The Verge by a tipster who got to see that camera, and the leak reveals two more tantalizing details about the Hero6.

In addition to confirming the 4K 60fps news, the photo shows that the Hero6 will also be able to shoot FullHD 1080p video at 240fps slow motion, and the camera will sell for $ 650 CAD, or approximately $ 500 USD when it’s released.

The Verge is also reporting that GoPro will no longer use an Ambarella processor from the Hero6 onwards. Instead, the new camera will reportedly contain a custom-built processor known at GoPro as the “GP1,” leaving many to hope that this new chip will translate into better battery life and higher performance from GoPro’s future models.

Finally, the last piece of the puzzle is a release date, which was also leaked today. According to Twitter user Konrad Iturbe, who was able to gain access to GoPro’s staging website, the announcement/release date is set for September 28th.

Articles: Digital Photography Review (dpreview.com)

 
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