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. Research about this rapid decline was conducted and issued by iiMedia Research, a third-party data collector and analyst of technological digital platforms.
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