Hardware is all the rage this year. Internet giants are vying to keep ahead in the sector by acquiring hardware startups, rolling out home-grown products or supporting programs. Google closed a massive US$3.2 billion purchase of connected device company Nest Labs while Facebook acquired virtual reality pioneer Oculus VR for US$2 billion, to name only two.

The craze is also taking China by storm, with domestic giants like Alibaba, Tencent, Baidu, Xiaomi all investing heavily in the sector. Venture capitalists formerly turned off by hardware’s high startup costs and lengthy start times are also jumping on board.

However, huge capital injections into a market with uncertain prospects may raise the concern of whether it’s worthwhile to invest in. Will the hardware industry continue its booming development or it is just a faddish investment bubble? TechNode founder Lu Gang took to the stage at the annual gala of crowdfunding reality TV show The Makers with six veteran investors to consider this problem.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.