A lot of the components are Nickel plated and not Stainless Steel at all.
Some are Stainless Steel (grades unknown) and can suffer corrosion for many reasons.
316 (marine grade) will corrode in salt water also under the right conditions.
Most of the rust is from contamination during the manufacturing process and coming into contact with steel tooling.
Simple Passivation can solve this problem but manufacturers don't really understand what they are doing.
All very basic stuff in an engineering environment but in water sport equipment manufacturing it is simply over looked

Boom adjustment clips are a good example.
Has anyone ever seen Hydrodynamix boom clip pins rusting & bursting out of the plastic

These days there are better materials available at a similar price to Stainless Steel but stronger & have better corrosion resistance.
Duplex & Super Duplex used to be very expensive but have come down considerably in the last 20 years.
A little harder to work with but out perform Stainless Steel of all grades as far as corrosion goes.
Passivation is still required though