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HTC responds to the rumors of the VR department going to the US: do not comment on market speculation

China Taiwan Economic Daily said that market sources said HTC is internally considering letting its several profitable virtual reality (VR) divisions go public in the U.S. to raise more money as well as expand its brand influence, and is expected to make progress in the next and next year.

In response, HTC responded that it would not comment on market speculation and stressed that HTC is committed to expanding the meta-universe ecosystem, with partners covering telecommunications providers, the arts, education, entertainment and other fields, and is expected to release a new generation of VR products in the first half of next year.

HTC last year carried out a round of corporate transformation organizational reorganization plan and created seven business groups, including VIVE Systems, VIVERSE, G Reigns, HTC smartphones and smart devices, VIVE Arts, VIVE ORIGINALS and DeepQ, of which the VR-related business groups accounted for the highest proportion.

In June this year, Meta, Microsoft, Nvidia, Qualcomm and other international giants formed the Metaverse Standards Forum in an attempt to set metaverse industry standards first, and HTC was not willing to be left behind and joined in before most companies could react.

According to the introduction, HTC is very optimistic about the prospects of VR and metaverse and has set up Vive X accelerators/incubators in Taipei, Beijing, Shenzhen, San Francisco, Israel, etc. Currently, Vive X gas pedal has become the most active investment institution in the virtual reality and augmented reality industry in the world, and has selected nearly 70 new start-up teams worldwide.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
Threza Gabriel is a news writer at TechGoing. TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.