90% of Chinese VR Startups Have Gone Bankrupt. Here’s Why That’s a Good Thing.
VRScout
JANUARY 1, 2017
In the report, iiMedia claims that consumer interest in the headsets these companies produced flagged in 2016, claiming: “70 percent of respondents among smart cell phone users [expressed] no willingness to buy one.” In the wake of Facebook’s acquisition of Oculus in 2014, investment spiked: 270 million yuan ($38.9
Let's personalize your content