Meta is reportedly in talks with Tencent to bring the Quest to the Chinese market

XR1yrs ago (2023)update XR-GPT
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Meta Reportedly In Talks With Tencent About Bringing Quest To The Chinese Market - The Road To VR

according towall street journalreports that Facebook and Twitter have been blocked in China since 2009, butMetaThe company's chief executive, Mark Zuckerberg, hopes to re-enter the Chinese market with the Quest.

报道称,据知情人士透露,Meta已经与中国多家科技公司进行了讨论,与娱乐巨头腾讯的进展最为明显。

Talks between Meta and Tencent reportedly culminated late last year, with Tencent Chairman Ma Huateng deciding to negotiate first and "see what deal they can come up with," the Wall Street Journal reported.

Undoubtedly, the most complex part of the negotiations will revolve around the distribution of VR content and its vetting for the Chinese market. It is said that Meta's global products will be offered alongside Tencent's own apps and services.

More recently, there have been reports that Chinese executives are concerned that Zuckerberg will be unpopular in China as companies such as ByteDance are accused of technology theft. A spokesman for Meta declined to comment on the WSJ report, and Tencent did not respond to a request for comment.

This isn't the first time Meta VR hardware has caused a stir in mainland China. In 2018, Meta (then Facebook) signed a deal with Xiaomi to launch a Chinese version of the Oculus Go, marketed by Xiaomi as the "Xiaomi Standalone VR Device". At the time, this amounted to a quid pro quo, as Xiaomi was responsible for manufacturing the Oculus Go, giving it exclusive rights in the mainland Chinese market.

andMeta Quest 3Unlike, there is no manufacturing agreement yet. The product will be released this fall for $500. All in all, it appears that Meta's current strategy is not to bring its subsidized hardware into the country's market, but rather to squeeze past China's Great Firewall to gain access again to the world's fastest-growing economy.

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