China’s Virtual Reality Market Will Be Worth $8.
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The three Web giants are using their money to employ a different perspective on the virtual-reality business than their overseas competitors. Instead of building headsets like Sony Corp., Facebook Inc. and HTC Corp., the Chinese companies are positioning themselves as middlemen: seeding dozens of startups and opening their platforms to developers of content and hardware while they wait for a dominant headset to emerge.
http://www.bloomberg.com/news/features/2016-0...ts-a-piece
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