VR - Asia Tech Wire

2024.12.24

10:28

Jiang Shubo from Heilongjiang Province Ice and Snow Economic Research Center: Enterprises should be guided to use AR/VR and other technologies to promote the intelligence of ice and snow equipment

Jiang Shubo, deputy director of the Heilongjiang Province Ice and Snow Economy Research Center, suggested that leading enterprises should play a leading role, and jointly carry out basic frontier research, key common technology research and advanced manufacturing process research on ice and snow equipment with colleges and universities and scientific research institutions, especially to improve the research and development and manufacturing capabilities of core equipment such as snow machines, ice machines, snow presses, and cable cars. In addition, relying on my country's unique advantages in the field of digital economy, we should also actively guide industry enterprises to make full use of new generation information technologies such as AR/VR, optimize and upgrade ice and snow sports simulation training platforms, develop online products and services such as smart skiing and skating, and promote the intelligent development of ice and snow equipment.

2024.12.18

14:25

IDC: China's AR/VR market is expected to ship 535,000 units in 2024, a year-on-year decline of 26.3%

IDC Consulting Company released a report saying that China's AR/VR market is expected to ship 535,000 units in 2024, a year-on-year decline of 26.3%. IDC predicts that China's AR/VR market will usher in a long-awaited recovery in 2025, with shipments expected to increase by 114.7% year-on-year.

2024.12.11

16:35

ZTE and Yushang Hemei Group signed a strategic cooperation agreement

Recently, ZTE and Yushang Hemei Group signed a strategic cooperation agreement in Chengdu. In the future, the two parties will carry out in-depth cooperation in cultural tourism VR large space, AR application, MR interaction and other scenarios.

2024.12.06

08:05

CICC: The turning point of global energy storage rapid growth is coming soon

CICC's research report believes that the inflection point of global energy storage's rapid growth is coming soon. The number of project bidding/planning in 2024 will increase significantly year-on-year, and the storage time will increase year by year. The basic demand for energy storage will increase with the increase in the proportion of VRE power generation. The proportion of VRE power generation in China/the United States/Europe will exceed 15%/15%/20% respectively. Most of Asia, Africa and Latin America may enter the start-up period at around 10%. Combined with the continuous advancement of multiple factors such as policies/technology/cost reduction in recent years, the inflection point of global rapid growth may come ahead of schedule. It is optimistic that global energy storage demand will maintain high growth in 2025. It is estimated that global energy storage shipments (including communication energy storage) will reach 449GWh in 2025, a year-on-year increase of 31.5%.

2024.12.05

06:36

Beijing has issued "Several Measures on Cultivating New Cultural Business Forms and Vigorously Developing New Cultural Productivity"

The Beijing Leading Group for Promoting the Construction of the National Cultural Center recently issued the "Several Measures on Cultivating New Cultural Formats and Vigorously Developing New Cultural Productivity". According to the plan of the measures, after about five years of efforts, Beijing has basically formed an effective mechanism for the integration of culture and technology, and the innovation capacity of the cultural industry driven by scientific and technological innovation has been significantly enhanced. New formats, new scenes, and new models continue to emerge in key areas such as performing arts, publishing, film and television, online audio-visual, cultural tourism and museums, and media integration. Culture and other fields have achieved deep integration, and a number of industry-leading enterprises and national-level industrial clusters have been cultivated. The supply of high-quality cultural products has become more abundant, and the demonstration and leading role of the national cultural center has been further demonstrated. The cultural soft power and international influence have been further enhanced. In promoting the optimization and upgrading of the ultra-high-definition audio-visual industry, support the integrated and innovative application of ultra-high-definition audio-visual technology with artificial intelligence, XR virtual production, cloud computing, digital humans, naked-eye 3D, VR/AR, 5G/6G and other technologies. Promote the establishment of domestically produced ultra-high-definition audio-visual technology standards and promote their application. Build a number of laboratories and demonstration parks that integrate film and television with technology, and build a world-class Chinese digital audio-visual production center. (Beijing Daily)

2024.02.29

09:30

IDC: China's shipments of AR exceed VR for first time in Q4 2023

Asia Tech Wire (Feb 29) -- China shipped 725,000 AR/VR headsets in 2023, down 39.8% year-on-year in 2022, according to an IDC report.

2022.03.04

07:37

TikTok's China version Douyin increases staffing for VR business

Asian Tech Press (Mar. 4) -- TikTok's Chinese version Douyin is rumored to have a number of content leaders transferring to the VR (virtual reality) business.

2022.03.02

04:07

TikTok owner ByteDance teams up with Qualcomm to build XR ecosystem

Asian Tech Press (Mar. 2) -- TikTok owner ByteDance Ltd. and Qualcomm announced during the MWC 2022 that they will collaborate on XR devices and software to develop a global XR ecosystem.

2022.01.06

07:46

Sony unveils new VR headset and adapted new game

Asian Tech Press (Jan 06) -- At CES (the world's largest consumer electronics technology show) on Wednesday, Sony announced new details of its next-generation virtual reality headset (PSVR2), as well as a new game for PSVR2.

2022.01.04

10:09

Panasonic announces formal entry into "metaverse" with upcoming 3 VR products

Asian Tech Press (Jan 4) -- Osaka-based Panasonic Corp. announced its formal entry into metaverse, an online virtual reality space, and that its subsidiary will release three VR products as soon as spring.

09:17

Analyst: logic for Apple's next rise lies in "metaverse"

Asian Tech Press (Jan 4) -- Loup Ventures analyst Gene Munster said Monday that the next logical step for Apple Inc.'s rise lies in the metaverse as it becomes the first U.S. company in history to reach $3 trillion in market capitalisation.

2021.11.19

09:17

Nike Creates NIKELAND on Roblox

2021.11.01

05:39

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

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.

2021.08.26

12:37

ByteDance reportedly to acquire Chinese VR gear maker Pico

(Bloomberg) -- ByteDance Ltd. is in discussions to acquire Pico, a Chinese maker of virtual reality headsets, as it seeks new drivers for growth, according to a person familiar with the matter.

2021.06.16

14:00

Sony may launch its next-gen PlayStation VR in late 2022

Japanese conglomerate Sony Group Corp. plans to launch its next-generation PlayStation VR in late 2022, according to Bloomberg.

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