China is a market where all the tech product makers give their best to serve to the huge population to make their stand in the competitive market. HTC is also doing the same and have recently announced that being a part of a multi-VR initiative, they are setting up 10,000 pop up VR at the public place in China which is known as Experience Sites.
A huge amount of the funds invested in this initiative is derived from a 28-strong alliancewhich was brought together by HTC to bring VR to the mainstream. This includes few bigger names in the venture capital space itself and contributes $10 billion overall. HTC plans to use this for helping the Vive stay competitive, and also to make VR a mainstream form of entertainment and introduce it to the maximum people possible. HTC’s Chinese head honcho of VR, Alvin Graylin spoke on the rash of VR efforts from the company hitting mainland China and said:
All of our innovative ideas and projects will be executed here first.
The next puzzle is the Vive X Fund with a $100 million developer advocacy program for the Vive that has seen 1,200 some odd applicants. As seen from a figure from Canalys, 6.3 million VR headsets is supposed to be in the wild by 2016 end. There are now almost 1,000 of the planned 10,000 “Experience Sites” out, showing the current state to the consumers.
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