The reported suspension of the Meta-Tencent partnership might prevent the introduction of Quest to China. - Road to VR
Meta-Tencent Partnership to Bring Quest to China Reportedly Suspended
According to a recent report, the partnership between Meta and Tencent to bring a cheaper version of the Quest VR headset to China has allegedly been suspended. The reason for the suspension is rumored to be disagreements over project details. The original deal would have allowed Meta to have a larger share of device sales, while Tencent would have a larger share of content and service revenue. Meta's entry into the Chinese market could present growth opportunities for the company. However, this news comes as homegrown competition in China, such as ByteDance's VR division Pico Interactive, faces setbacks. For more information, please visit the source article on Road to VR.
Source: https://www.roadtovr.com/report-meta-returns-china-tencent-quest/