DJI has announced the company’s first 360-degree action camera designed to compete with the Insta360 X5. DJI's Osmo 360 slightly edges out the X5’s recording capabilities by capturing 8K videos at 50fps, instead of 30fps, and features a design that’s both smaller and nearly 20 grams lighter than the Insta360’s. But more importantly, this camera also uses 1-inch sensors capable of recording 10-bit video. We just don’t know how much the Osmo 360 will cost because DJI hasn’t revealed when it will be coming to the US.