Home ยป Tencent Engages as Prime VR Distributor in China, Forging a Pioneering Agreement with Meta and Introducing Next-Generation, Budget-Friendly VR Headsets that Outshine the Quest 3.

Tencent Engages as Prime VR Distributor in China, Forging a Pioneering Agreement with Meta and Introducing Next-Generation, Budget-Friendly VR Headsets that Outshine the Quest 3.

Meta and Tencent have reached an agreement for Tencent to be the exclusive distributor of Meta’s headset VR in China, similar to how Tencent is the distributor for Nintendo Switch, pending government approval. Reports indicate that Meta’s VR headset, which will be available in China in 2024, is a cost-effective version with better specifications than the Quest 2 and a lower price than the Quest 3. Meta also plans to sell this headset in other countries.

If this deal goes as planned, it will mark Meta’s return to the Chinese market after being blocked since 2009, along with other services such as WhatsApp and Instagram. At the same time, Tencent will collaborate with Meta to develop VR content on Meta’s platform.

TLDR: Meta and Tencent have agreed for Tencent to distribute Meta’s VR headset in China, with better specifications and a lower price than its competitors. This deal will enable Meta’s reentry into the Chinese market, while Tencent will collaborate with Meta on VR content development.

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Intriguing Negotiations Unfold as ByteDance Initiates Quest to Seek Acquirer for Nuverse’s Gaming Endeavors, Garnering the Attention of Several Prominent Entities, Including Tencent.

China’s Government Relinquishes Control over Gaming Industry After Enacting Stringent New Regulations, Causing Turmoil in the Gaming World

The circumspection encases an intriguing discovery: The revered gaming phenomenon known as Elden Ring is currently amidst an evolvement for the mobile platform, meticulously orchestrated by the esteemed entity Tencent, epitomizing its epitaph as a remarkable Free to Play spectacle.