Facebook and Xiaomi to Launch Virtual-Reality Headset in China
January 08 2018 - 07:16PM
Dow Jones News
By Deepa Seetharaman
Facebook Inc. and Chinese smartphone company Xiaomi Corp. are
teaming up to launch a virtual-reality headset in China that would
give the American tech giant a toehold in a growing market where
its main business has long been blocked.
The two tech companies are working together to develop a VR
headset sold only in China called Mi VR Standalone, Facebook said
Monday. The new device is modeled after Facebook's Oculus Go, a
previously announced $199 headset that the company plans to launch
outside of China in early 2018.
Xiaomi is also Facebook's manufacturing partner for Oculus Go,
the Silicon Valley company said. Facebook declined to comment on
any revenue-sharing arrangement with Xiaomi.
Write to Deepa Seetharaman at Deepa.Seetharaman@wsj.com
(END) Dow Jones Newswires
January 08, 2018 19:01 ET (00:01 GMT)
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