90% of Chinese VR Startups Have Gone Bankrupt. Here’s Why That’s a Good Thing.
VRScout
JANUARY 1, 2017
In October, we wrote about how HTC took the lead in opening the first Vive-branded cafe in Shenzhen. In many ways it’s still doing a whole lot better than America and Europe. And this reaches all the way up to the major players. So, no, the Chinese VR industry is not imploding or crashing and burning. It’s growing.
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