shakeout

Xiaomi, founded in 2010, is entering an overcrowded market that analysts expect will undergo a shakeout in coming years, with weaker startups falling by the wayside.

That has caused a shakeout in the industry.

A shakeout in the industry may eventually prove to be cathartic.

Evan Lucas, an associate professor of construction management at Northern Michigan University who teaches students about proper infrastructure design for indoor farms, said he’s not concerned about the shakeout underway.

Some investors argue the shakeout could ultimately make the market for clean tech more stable, as the system is strengthened to avoid another collapse.