Ming-Chi Kuo: Meta expected to ship 9 million VR devices in 2021

2021-11-01 05:39:20

Asian Tech Press (Nov 1) -- Meta, rebranded from Facebook, is the world's largest VR device supplier, with shipments expected to reach 9 million units in 2021, according to a report released Monday by TF International Securities analyst Ming-Chi Kuo.

Kuo noted that new head-mounted displays from Meta, Apple and Sony will all be equipped with Wi-Fi 6/6E in 2022.

The analyst also expects Meta to reach 1 billion meta-universe users within 10 years and that the Wi-Fi supply chain will benefit significantly from such a trend.

Meta has launched Oculus Air Link in 2Q21, allowing the most popular Oculus Quest series to connect to PCs via Wi-Fi instead of wired connections.

Meta Metaverse WiFi equipments VR

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27