Henry Ford didn’t invent the automobile, but he did make the technology more affordable, ushering in a new age of mobility. That’s what Wyze aims to do for smart-home gadgets. It added 30 new products to its lineup this year, including security cameras, video doorbells, smart thermostats, and more, many of which cost under $50. Wyze’s 6 million users control more than 15 million devices, and the company’s lineup regularly beats more expensive rivals for industry awards. “We believe that quality smart-home technology should be accessible to everyone,” says CEO Yun Zhang.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief.
More Must-Reads from TIME
- How Donald Trump Won
- The Best Inventions of 2024
- Why Sleep Is the Key to Living Longer
- Robert Zemeckis Just Wants to Move You
- How to Break 8 Toxic Communication Habits
- Nicola Coughlan Bet on Herself—And Won
- Why Vinegar Is So Good for You
- Meet TIME's Newest Class of Next Generation Leaders