On the heels of its $4 billion acquisition of a major mobile gaming studio, ByteDance acquired Pico Interactive (“Pico”), makers of the Pico headset lineup, to enter the virtual reality market. Pico was the third-largest virtual reality headset maker globally.
The Growing Effects of the Coronavirus on the VR/AR Industry
Greenlight Insights analysts have been in constant discussion with the supply chain and vendors in China on the developments and impact of the coronavirus. Here is what we know so far. The latest toll of the coronavirus as of February 5th is as follows: Nearly 500 people have died worldwide and there are 24,600 confirmed cases. There are 147 confirmed … Read More
After A Strong CES 2020, Chinese Vendors Put Pressure on Global Virtual & Augmented Reality Manufacturers
More than 4,000 companies from around the world traveled to Las Vegas last week to exhibit new innovations at the world’s largest technology conference, CES. The annual conference routinely showcases some of the leading advancements in consumer electronics from smart homes to robotics to wearables. This year, virtual and augmented reality were hot topics, with Chinese vendors leading the market with … Read More
Mi VR is Uncertain, But China Still To Drive VR Growth
According to reports, Chinese electronics company XIaomi has decided to permanently shutter its consumer VR operations. Western and Chinese media outlets circulated a report stating that Xiaomi had fired the Mi VR Go development team, signaling its intent to discontinue development of the platform. Best known for its large smartphone and consumer electronics business, Xiaomi served as a key OEM … Read More
CES Asia 2018: Immersive Technology on Display
The International Consumer Electronics Show Asia (CES Asia) was held June 13 – 15 in Shanghai, China. Lenovo, Pico, iQiyi, Idealens & Hiscene were among the many companies making major announcements at the industry tradeshow. The following is insight from Greenlight Insights as part of our VR/AR Intelligence Service, which contains data, analysis, and insights.
Five Key Developments in VR/AR Debuted at CES 2018
The Consumer Electronics Show in Las Vegas has been a theater for OEMs to showcase their latest technologies, and that included XR. HTC, Lenovo, Pico, Huawei, and Kopin were among those who exhibited new head-mounted displays and smart glasses, but the innovations span improved graphics, resolution, ergonomic design, and beyond. New Ways to Go Cordless Ahead of CES 2018, Lenovo introduced … Read More