90% of Chinese VR Startups Have Gone Bankrupt. Here’s Why That’s a Good Thing.
VRScout
JANUARY 1, 2017
It may look like China’s VR industry is imploding, but that’s not actually the case. In 2015, China saw 200-300 firms jump to produce their own VR HMDs. ” In many regards, China is leading the way for VR innovation and adoption. Expectedly, the many seized the opportunity for a feeding frenzy. million).
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