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“The marketplace was not a level playing field,” Colin Angle said, noting China has incentives and discounts for consumers who buy domestic products.

iRobot, Luminar, and Rad Power Bikes were very different companies, but they faced some similar challenges.

The iRobot founder opens up about the 18-month regulatory process that he says doomed the Roomba maker -- and what it means for American innovation.

iRobot’s chief executive has defended the takeover of the US company by a Chinese competitor, warning that its previous leadership had been ...

Nu Holdings Ltd. 53,855,049 16.16

Tech historians may look back on 2025 as a kind of trough in consumer robotics.

Chinese robotics manufacturers are set to cement their dominance in the global smart vacuum market with Picea Robotics' acquisition of Roomba maker iRobot, after the US firm's proposed sale to Amazon.com last year fell through due to regulatory hurdles. China-based suppliers held the top five spots for worldwide smart robotic vacuum shipments in the first three quarters of 2025, led by Roborock with a 21.7 per cent market share, equal to 3.8 million units, according to data from research firm ID

Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sec