The chinese way to VR

Virtual reality heats up in

The virtual reality (VR) market in China is expected to reach $860 million in 2016 and accelerate to $8.5 billion by 2020. In the last six months alone, the Chinese VR market has seen a flurry of investments, partnerships and new ventures involving both local and international players. With capabilities in low cost, mass scale manufacturing, a hot investment climate, and international support, China could become the epicenter of the global VR market’s growth. While the country has been seen as a copier of Western technology, VR is a new medium that could foster innovation and drive China’s future market. ….[READ]

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