China VR industry to face strong competition from worldwide first-tier players, says report

With China's virtual reality (VR) market heating up, China-based VR start-ups have begun to push what they calim to be their unique VR technologies. China-based first-tier Internet service providers Baidu, Alibaba and Tencent have also been aggressively tapping the VR market. As non-China VR players are also looking to expand in China, competition in the China VR market is expected to grow fierce, according to a Chinese-language 21Jingji.com report.

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via Yuichun