article thumbnail

Report: HTC Lays Off 1,500 Employees in Taiwan Manufacturing Division

Road to VR

HTC is reportedly laying off 1,500 employees in its Taiwan manufacturing division, something Bloomberg’s Taipei bureau chief Samson Ellis reports to be around 22% of HTC employees. HTC has been in financial difficulty for the past few years, with stock prices falling since their all-time high in 2011. controllers.

Taiwan 177
article thumbnail

Meta, Tencent in Talks to Sell Quest Headsets in China

XR Today - Mixed Reality tag

It had hired 300 employees, but later shifted its company strategy back to the gaming industry. The latter backed out of the deal, citing Tencent’s strategy shift and national regulations on metaverse solutions. To date, only ByteDance , Lenovo, and HTC VIVE have mature metaverse platforms.

China 86
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

VR in 2016: HTC’s $799 Vive Brings Belief To VR Skeptics

UploadVR Between Realities podcast

The HTC Vive should not exist. For a troubled company that’s spent much of the past few years making losses instead of profits, the niche and expensive VR market is the last place HTC is going to make a quick buck. And yet here we are, with the smartphone maker and Valve seemingly in it for the long haul. Expected Expense.

HTC 224
article thumbnail

AR Optics Company Lumus Secures Further $30M in Funding

Road to VR

recently confirmed a $30 million funding round led by Quanta and HTC. recently announced a $30 million Series C round of funding led by Quanta Computer, the world’s largest notebook computer ODM company, along with HTC and other strategic investors. Leung, vice chairman and president of Taiwan-based Quanta.

AR 100
article thumbnail

Cher Wang: Vive to Become a Standalone Company

VRWorld

Back in October 2015, we had a conversation with an senior industry executive close to HTC. ” According to our source, HTC was used as a logistics and legal vehicle to jump-start the new company, which will go much further than a simple headset designer and manufacturer. HTC Vive – Virtual Reality Headset.

article thumbnail

The XR Week Peek (2020.03.02): XR2 shows the future of standalones, F8 and GDC canceled and much more!

The Ghost Howls

The only company not much affected by it is HTC, that manufacturers its headsets in Taiwan and not in Mainland China. HTC Vive releases Cosmos Elite, two models of Vive Pro Eye and creates some confusion. For sure you remember the recent launch of a full line of Vive Cosmos headsets , all with customized faceplates.

article thumbnail

With Facebook’s ????, Oculus Is Fending off Old Enemies, Former Friends, and New Foes

Road to VR

Old Enemies – HTC. While both Oculus’ Rift and HTC’s Vive hit the market right around the same time in 2016, the Vive was the first system with motion controllers and room-scale. SEE ALSO How Google's Latest VR Moves Are a Major Blow to Oculus' Mobile Strategy. A Tale of Two Headsets.

Oculus 208