DJI Innovation Technology Co, China's largest commercial drone manufacturer, unveiled its foldable and compact drone Mavic Pro on Wednesday, to compete with US action camera manufacturer GoPro Inc's new Karma quadcopter.

Mavic Pro is DJI's first personal drone designed to be taken just about anywhere. Its folding design compresses the entire drone to the size of a water bottle.

It is equipped with a stabilized 4K camera and a visual navigation system, with 27-minute flight time, and can be controlled by a smartphone, according to the company.