According to reports, it is said that Meta will be making a comeback in China, leading the way with a more affordable virtual reality headset. - Road to VR
Meta Reportedly to Return to China, Spearheading with Cheaper VR Headset
Meta, the company behind VR headset Oculus, is set to return to mainland China after being sanctioned for 14 years. They have reportedly reached a preliminary deal with China's Tencent, the world's largest video game company, who will be the exclusive seller of Meta headsets in China. The China version of the headset is expected to have cheaper lenses and may be sold in other markets as well. The proposed deal will give Meta a larger share of device sales, while Tencent will have a larger share of content and service revenue. Meta's move comes as Chinese competition in the VR market seems to be faltering, with Pico Interactive laying off employees. For the full story, visit Road to VR.
Source: https://www.roadtovr.com/report-meta-returns-china-tencent-quest/