HTC establishes $10 million fund to promote VR development

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HTC establishes $10 million fund to promote VR development from Baidu VR

It has been reported recently that HTC has launched a virtual reality (VR) fund with a scale of US$10 million to promote the sustainable development of VR in the world and the development of related technologies.

HTC establishes $10 million VR fund

According to HTC, VR offers unlimited opportunities to develop and share ideas that can bring change to the world. Through the fund, HTC will fund and support content and technologies that can create the strongest experience to change the world.

HTC Chairman and CEO Wang Xuehong stated in the statement that HTC will fund the best ideas that truly raise people's awareness and have a positive impact on the world through VR. It is also hoped that other companies in the VR industry will work together with HTC to make VR play a real role. At present, HTC is collecting ideas on its website. The first batch of winning projects will be announced on April 22 this year.


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