GoPro to Sell 90% Stake — 5ch Reacts: ‘Simply Lost on Performance’

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The story

Reuters reports that U.S.-based GoPro is moving to sell a 90% stake to optics maker Starman for $285 million. GoPro pioneered the action camera market, but the company has faced a prolonged stock slump and recurring buyout rumors in recent years. On 5ch, the thread split between two explanations for the sale: one blaming Chinese manufacturers for copying GoPro’s products, and another arguing that GoPro itself neglected performance improvements while doling out new features piecemeal. Posters also discussed GoPro’s performance gap versus DJI and Insta360, and noted that image sensors across the industry still largely rely on Sony.

GoPro to sell 90% stake to optics maker Starman for $285 million | Reuters

Reuters Staff

September 2, 2026, 9:58 AM

Source: jp.reuters.com / Read the original article

What people said

2AnonymousSep 2, 2026 10:18
No Mother 2 jokes allowed (that's the game where 'Starman' is an enemy boss — too easy a pun)
51AnonymousSep 2, 2026 10:38
Guess it just gets ripped off and that's that.
132AnonymousSep 2, 2026 11:33
Re: #2
Used PK Beam γ (a signature Starman attack in Mother 2)
6AnonymousSep 2, 2026 10:19
Narita Brian! He's in trouble! It's rough going! (a famous line from old horse-race commentary)
33AnonymousSep 2, 2026 10:29
Re: #6
The buyer is… Starman! It's Starman!! (echoing the same dramatic race-call style — Starman was the horse that famously beat Narita Brian)
184AnonymousSep 2, 2026 13:32
Re: #6
It broke the record for lowest-ever win odds (payout capped at the ¥100 minimum) at the Kobe Shimbun Hai
For reference, Deep Impact's win payout was ¥110
13AnonymousSep 2, 2026 10:22
That's what happens when you manufacture in China — you get copied and pushed aside.
167AnonymousSep 2, 2026 12:33
Re: #13
Nah, that's wrong lol
GoPro's products are just plain low quality lol
They were first movers, sure, but that's literally all they had going for them — they sat on their laurels without improving anything while everyone else left them in the dust.
16AnonymousSep 2, 2026 10:23
Every company used Chinese factories chasing near-free labor, and in exchange handed over their blueprints and know-how. Now the market's been taken over by knockoffs with the same name, 90% of the performance, and less than half the price. GoPro pioneered action cameras too — bet they never imagined it'd end like this.
34AnonymousSep 2, 2026 10:29
Re: #16
Same thing happened with phones and PCs, areas Japan used to dominate — they outsourced production overseas, and before anyone noticed, the overseas players had grown into giants.
64AnonymousSep 2, 2026 10:42
Re: #16
Still, they can't make the most important part — the sensor — themselves. They're using Sony's.
29AnonymousSep 2, 2026 10:28
It's sad that Japan's completely out of the picture here. Back in the Showa era, a Japanese company would've been involved for sure.
43AnonymousSep 2, 2026 10:33
Re: #29
Japanese equipment is still going strong in the film and broadcast industries, at least.
49AnonymousSep 2, 2026 10:38
Re: #29
I really wanted Sony's action cam to succeed…
105AnonymousSep 2, 2026 11:13
Re: #29
Even though the sensor's basically all Sony?
42AnonymousSep 2, 2026 10:32
Products that commoditize easily are vulnerable to Chinese dumping.
44AnonymousSep 2, 2026 10:34
GoPro definitely had its moment, but is there even demand for it anymore?
48AnonymousSep 2, 2026 10:36
Re: #44
Yeah, because it's basically a scam business model — drip-feeding a few features every year lol
46AnonymousSep 2, 2026 10:34
Starman, the horse that beat Narita Brian
50AnonymousSep 2, 2026 10:38
The product itself is good, but they lost the price war… the next iRobot.
54AnonymousSep 2, 2026 10:39
Re: #50
Didn't they throw the balance off at some point while chasing higher performance? Not that into it so I only half-remember.
63AnonymousSep 2, 2026 10:42
Re: #50
They lost on the product itself too, that's why it's come to this. Decent Chinese makers like DJI have gotten a lot better.
94AnonymousSep 2, 2026 11:03
Re: #50
Same story as iRobot — being ahead on design and vibe alone isn't enough. Getting completely outclassed by Chinese products on actual performance is just bad.
66AnonymousSep 2, 2026 10:43
Action cameras: DJI and Insta360 are the top two. With phone cameras, oddly enough Leica and Hasselblad seem to be the ones still hanging on.
73AnonymousSep 2, 2026 10:46
Re: #66
Hasselblad got bought by DJI, and there are buyout rumors around Leica too. It's basically all Chinese money at this point.
79AnonymousSep 2, 2026 10:52
Action cameras are a pretty limited market to begin with. The tech's probably already plateaued, and every maker besides GoPro is going to hit the same ceiling before long.
88AnonymousSep 2, 2026 10:59
Re: #79
The market's actually still growing. Everyone except GoPro is expanding fast.
98AnonymousSep 2, 2026 11:09
Re: #79
Agreed. I've traveled abroad and never once seen anyone actually using one.
86AnonymousSep 2, 2026 10:58
Another market goes to China. Phones, PCs, appliances, drones, software — EVs are probably next to get monopolized by China too.
91AnonymousSep 2, 2026 11:00
Re: #86
That's because China's actually investing on the ground. The US, Europe, and Japan keep handing all their profits to shareholders and keep falling further behind.
90AnonymousSep 2, 2026 11:00
GoPro's heat dissipation has never been great — people talk about thermal throttling all the time. Maybe the engineers with the implementation know-how left without passing the knowledge on to the next generation — happens at every company. When foreign firms do those out-of-nowhere layoffs, that's exactly what results. Even if you're letting people go, you need to guarantee some stability for them and make sure they pass their skills on to the new hires first.
101AnonymousSep 2, 2026 11:10
Re: #90
Canon having so many weird lenses suggests their knowledge transfer isn't going well either — it's either some oddball design some amateur threw together relying on momentum and CAD, or a thirty-year-old lens design just retrofitted for mirrorless.
150AnonymousSep 2, 2026 12:06
Re: #90
Beyond the heat dissipation, I'd bet the ASIC design itself is bad. Across the whole lineup, they feel unusable shooting 4K in summer.
97AnonymousSep 2, 2026 11:07
GoPro's clearly weaker than DJI and Insta360 at this point.
Same future as Japan's automakers — I can only see them getting eaten alive by BYD.
114AnonymousSep 2, 2026 11:15
Are Japanese Handycams still around, just keeping a low profile?
127AnonymousSep 2, 2026 11:24
Re: #114
Handycam's been dead for ages.
116AnonymousSep 2, 2026 11:17
Sony used to make mobile cameras too, but they don't sell them anymore — they don't make finished products now, just sell their sensors, which they're good at, to other companies.
120AnonymousSep 2, 2026 11:20
Re: #116
Sony Electronics having to pivot from B2C to B2B says a lot.
Japan used to shine in the kind of position China holds now — the ones who couldn't adapt ended up sinking.
124AnonymousSep 2, 2026 11:23
Re: #120
Their push to sell Bravia to businesses has been intense.
130AnonymousSep 2, 2026 11:32
Re: #120
Ah, I see — for companies.
Re: #124
Back in the day, when we asked about getting Sony gear for office/business use, they'd politely turn us down with something like 'we're consumer-focused, so we can't really recommend it.' Sounds like they've pivoted to business use in recent years. Wonder if they've redesigned things like heat dissipation — the biggest pain point for business use — specifically for that market.

Background and key points of this discussion

GoPro went public in 2014 as a pioneer of the action camera market, but has since struggled with a prolonged stock slump and repeated buyout speculation. This time, Reuters reported that the company is moving to sell a 90% stake to optics maker Starman for $285 million. Opinions in the thread split over why GoPro lost ground: some blamed straightforward copying by Chinese manufacturers, while others argued GoPro brought it on itself by focusing on incremental feature additions instead of real performance improvements. What both camps agreed on was that rivals like DJI and Insta360 have pulled ahead on performance, and that image sensors — even in competing products — still largely come from Sony. The discussion also touched on Sony’s own shift from consumer cameras toward a B2B focus, framed as part of a broader pattern of Japanese manufacturers moving from finished products to component supply.

※This article is excerpted and summarized from the 5ch (News Speed+) thread “GoPro to sell 90% stake to optics maker Starman for $285 million.”

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