Tencent scraps plans for VR hardware as metaverse bet falters

Summary by Reuters

Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.

Published 4 months ago · Menlo Park, United States

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Reuters

Tencent scraps plans for VR hardware as metaverse bet falters

4 months ago·United Kingdom

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Indian Express

Tencent scraps plans for VR hardware as metaverse bet falters

The world's largest video game publisher had ambitious plans to build both virtual reality software and hardware at an "extended reality" XR unit it launched in June last year for which it hired nearly 300 people.

4 months ago·India

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Channel News Asia

Tencent scraps plans for VR hardware as metaverse bet falters

HONG KONG : Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.The world's largest video game publisher had ambitious plan

4 months ago·Singapore

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Financial Post

Tencent scraps plans for VR hardware as metaverse bet falters

HONG KONG -- Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.

4 months ago·Canada

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OAN

Tencent scraps plans for VR hardware as metaverse bet falters

By Josh Ye HONG KONG (Reuters) -Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse

4 months ago·San Diego, United States

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