PadNews [Google Translate]:
Today allwinner technology announcement said, intends to pricing to no more than five non-public offering investors 23 million, raising total funds not more than 1.16 billion yuan, of which 460 million yuan investment vehicle networking intelligent terminal application processor chips and modules development and application of cloud projects, 350 million yuan for consumer recognition and intelligent control chip construction projects,350 million yuan investment in virtual reality display processor chip and module development and application of cloud construction projects.
Boldfaced emphasis added by me.
Of course, Charbax has a video of an Allwinner-powered VR headset:
But the specs don’t impress me:
They emphasize the PPI but I still think a 1920 x 1080 screen will make pixels obvious.
And here’s a list of some of the current players in the VR field out of China [Google Translate].
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