Taiwan's HTC launches $1.5b VR investment fund
HTC and the Shenzhen municipal government have agreed to set up a Chinese virtual reality (VR) research institute and a RMB10 billion ($1.5 billion) investment fund for the technology.
The Taiwan-based hardware developer wants to combine its technological expertise with Shenzhen's local industry and academic institutes to speed up development of the VR industry in China. As part of this...
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