VR Daily News, on the morning of November 17, Taiwan's electronic technology manufacturer HTC and Shenzhen Municipal People's Government signed the "Shenzhen Municipal People's Government and Hongda International Electronics Co., Ltd. Strategic Cooperation Agreement." The Shenzhen Municipal Government will support HTC to form the "VR China Research Institute", and the two sides will jointly launch the "Shenzhen VR Industry Fund" with a total scale of 10 billion yuan.
HTC Chairman Wang Xuehong said: “I am very honored to have a strategic cooperation agreement with the Shenzhen Municipal Government. HTC is the leader in the VR industry and has the most innovative technology and experience in the industry. I hope to take the opportunity to pass the 'VR China Research Institute'. And 'Shenzhen VR Industry Fund', integrating HTC's advanced technology and world-class talents around the world, and cooperating with Shenzhen real estate research institutes under the organization and coordination of Shenzhen Municipal Government, striving to accelerate the development of Shenzhen VR industry, and the R&D capability quickly reaches the world. Leading the level, thus promoting the continuous development of the entire VR industry in China."
It is reported that the cooperation between the two parties will give full play to the advantages of HTC's technology and talents in the VR field, focusing on breakthroughs in core technologies such as sensors, display screens, graphic images, data visualization, and human-computer interaction; establishing enterprises, universities, research institutions and investment institutions. An innovative system of joint participation and overall development; actively promote the demonstration application of VR technology in medical, military, engineering, design, manufacturing and other professional fields.
In addition, the Shenzhen Municipal Government Industrial Guidance Fund or Industrial Development Fund and HTC, in accordance with the principle of marketization, initiated the establishment of “Shenzhen VR Industry Fundâ€, inviting all enterprises in the VR industry chain to participate, and will introduce private and domestic and foreign investment capital. The initial total scale is 10 billion yuan, operating in the form of an industrial fund. In this way, the VR industry in Shenzhen will be promoted to achieve leap-forward coordinated development, and Shenzhen will strive to become the most influential technologically advanced and industrial agglomerated city in the VR field, driving the rapid development of the entire domestic VR industry.
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