The WiFi component is a welcome option as well, opening the door to low-budget remote shooting and streaming, which could be especially handy for solo bloggers or vacationers. 60fps Full HD capability is also a nice touch, although action shooters would do well to not mistake the unit for a dedicated sports shooter and let it clatter to the pavement.

ENGADGET: Canon Vixia R40 wireless camcorder hands-on (video)

Still, in such a new industry, talent is rare and quality low, leaving the door open to foreigners with more experience.

CNN: ASIANOW - TIME Asia | Television: Uncanned Laughter

Don't just benchmark European companies' supply chains--look at what Renault is doing in India, where its new factory has opened the door to many new low-cost suppliers.

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