Pico was viewed as Meta’s competitor in VR headsets and became a leading VR maker by volume in China, accounting for more than 50 per cent of the domestic market in the first half of this year, according to research company Counterpoint.
The decline in China was more severe than that in the global market. China’s VR market shipments declined 56 per cent in the first half of 2023 compared with the same period last year, according to Counterpoint, ending two years of growth in the Chinese market…Read more