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90% of Chinese VR Startups Have Gone Bankrupt. Here’s Why That’s a Good Thing.

VRScout

In October, we wrote about how HTC took the lead in opening the first Vive-branded cafe in Shenzhen. With notable exceptions, these are often companies producing cheap replicas of existing mobile hardware like Google Cardboard and Samsung Gear without any additional, unique features. million). It’s growing.

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