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90% of Chinese VR Startups Have Gone Bankrupt. Here’s Why That’s a Good Thing.

VRScout

In many ways it’s still doing a whole lot better than America and Europe. HTC, Oculus, Sony, Samsung, and Google—all of which offer higher quality headsets with the reliability of market-testing, customer support, and general accountability. So, no, the Chinese VR industry is not imploding or crashing and burning.

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