Chinese Agriculture Drone Makers See Demand Rise Amid Coronavirus Outbreak
While the coronavirus outbreak in China has hit many industries hard, some technology start-ups in agriculture are seeing demand rise, writes Wendy Ye at CNBC.
“In the first two months of 2020, we delivered 4,000 units of our newly released agricultural drones,” Justin Gong, co-founder of XAG, a major agricultural drone maker based in the southern city of Guangzhou, said in Mandarin, according to a CNBC translation.
XAG is not alone. In the north, Beijing Yifei Technology’s Chief Marketing Officer Liu Zhuo said he expects the company’s revenue to at least quadruple this year to over 30 million yuan ($4.31 million). “Recently, we received increased inquiries about agricultural drones and unmanned vehicles,” Liu said, according to a CNBC translation of his Mandarin-language remarks.
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