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Market value of China's VR industry to exceed RMB90bln by 2020
It is estimated that the VR industry’s market value is expected to exceed 90 billion yuan by 2020, with compound annual rate at 125.3 percent, Wang Peng, vice director with CCID Consulting said on Monday.
August21,2018
China Mobile pilot commercial run of cloud VR business in Fuzhou
China Mobile, a major mobile telecom carrier in China, has piloted commercial run of its cloud Virtual Reality (VR) business in Fuzhou, capital city of Southeast China’s Fujian province on July 18. It was the first to try to introduce cloud VR application
July23,2018
Huayi Brothers invests in US VR firm
Entertainment conglomerate Huayi Brothers reportedly invested in U.S. light-field camera and virtual reality (VR) equipment maker Lytro and gained initial rights to cooperate in the Chinese market, media reports said Thursday.
February17,2017
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