CHINA TOPIX

HTC Doubles Down its China Initiatives, to Build a Research Center and a Fund

S. Rina   |

Nov 22, 2016 02:29 AM EST

HTC announced that it will build a new research center in China, with the collaboration from the Shenzhen Municipal Government. The company will also set up a $1.5 billion Shenzhen VR Investment Fund for promoting VR industry in China. HTC has taken a number of step in the recent past to promote development of new technologies.