Per­cent per­cent

China Daily (Canada) - - BUSINESS -

size reach­ing over $7 bil­lion by 2025. It says ex­cel­lent video con­tent will be key to pro­mot­ing the pros­per­ity of the VR mar­ket.

Su­mav­i­sion’s Wang said he hoped that Chi­nese fam­i­lies could watch en­ter­tain­ment pro­grams and sports events through VR live video tech­nolo­gies in fu­ture, and be­lieved the co­op­er­a­tion with VideoStitch will bring about new busi­ness op­por­tu­ni­ties for both par­ties.

“The broad­cast­ing and tele­vi­sion in­dus­try needs val­ue­ser­vices, such as VR live video, which is a new field that has not been fully de­vel­oped. How­ever, there is a huge po­ten­tial for growth,” said tele­com ex­pert Fu Liang.

DONG DALU / FOR CHINA DAILY

A woman plays a VR game provided by the VR de­vice sup­plier HTC Vive at a mo­bile internet expo in Bei­jing.

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