Seagate and HTC VIVE Jointly Announce VR Power Drive to Create a New VR Experience
May 25 2018 - 1:00AM
Business Wire
Seagate Technology plc (NASDAQ: STX), a world leader in data
storage solutions, and HTC VIVE, an innovation world leader in the
field of smart mobile devices and virtual reality (VR), have
jointly launched the SeagateⓇ VR Power Drive at the 2018 HTC New
Ecosystem Conference in Shenzhen, China, helping VR device users
expand their storage capacity and battery life.
Virtual reality is developing with great speed and momentum in
China, and VR applications are emerging one after another in the
fields of entertainment, education and healthcare, etc. According
to a report jointly released by iResearch and Greenlight Insights,
China will become a main VR market globally. In 2016, the VR market
in China reached RMB 3.46 billion (about US$550 million). With high
growth rate, the VR market in China is estimated to exceed RMB 10
billion (about US$1.6 billion) in 2018. In the next five years, the
compound annual growth rate (CAGR) of the VR market could exceed 80
percent. Moreover, by 2021, China is forecast to become the largest
VR market in the world, and the whole scale of the industry could
reach RMB 79.02 billion (about US$12.64 billion), with the VR
headset device market forecast to be RMB 29.75 billion (about
US$4.76 billion). With the overall market for VR hardware
expanding, the market of content, including VR games, VR films and
television, as well as live streaming, are also growing rapidly,
bringing a more comprehensive entertainment experience to
users.*
Tailor-made for the high-end, all-in-one VR device VIVE FOCUS™,
the Seagate VR Power Drive combines an external mobile media
storage and portable battery into one solution. It helps users
extend their use by providing them with plenty of additional
storage space to carry and back-up their VR and mobile content as
well as additional battery life. Seagate VR Power Drive offers a
storage capacity of 1000GB for users’ digital content. With its
integrated MicroB cable and USB-C adapter, the drive can easily
connect to the VIVE Focus without the help of a computer allowing
users to directly access their library of files stored on the VR
Power Drive from their VIVE Focus. Additionally, the built-in
5,000mAh battery of the drive allows users to extend the battery
life of their VR device any time anywhere. The Seagate VR Power
Drive also provides its users with a belt clip to increase the
portability of the drive. HTC smartphone users can expand the
capacity of their mobile phones by connecting directly to the
Seagate VR Power Drive to access, view, and backup their mobile
content or extend the battery range of their phones with the flick
of a switch to activate the power bank feature.
“Since the establishment of the strategic partnership with HTC
VIVE this January, we have been working together and committed to
jointly developing solutions for VR devices. Today, we are
delighted that we have devised the Seagate VR Power Drive, which is
tailored to the VIVE Focus, by applying Seagate’s unique storage
expertise to meet VIVE Focus users’ increasing needs for data,”
said Jim Murphy, executive vice president, worldwide sales &
marketing, Seagate Technology. “Seagate has been paying close
attention to the development of emerging application fields. We’ll
continue to collaborate with industry-leading partners in
accordance with the actual demands in the application market and
join hands with them in the development of innovative storage
products to deal with storage challenges together. In the years to
come, we will continue to cooperate with HTC VIVE, and further
optimize storage solutions according to the characteristics of VR
applications to better meet the special data needs of VIVE products
and bring VIVE users the optimal experience.”
“We are extremely happy to form this cooperation with Seagate to
offer a brand new type of accessory to the VIVE Reality ecosystem.
As VR users become more mobile and smart phone users consume more
rich media, the two things they both need are longer battery life
and larger storage,” said Alvin Wang, president of HTC VIVE China.
“The Seagate VR Power Drive is the perfect device to serve this
need. Doubling battery life while putting hundreds of
high-resolution movies in your pocket are benefits every modern
user can see value in. This is just the beginning of a long and
fruitful cooperation.”
*https://www.hiavr.com/news/industry/39386.html
About Seagate
Seagate creates space for the human experience by innovating how
data is stored, shared and used. Learn more at www.seagate.com.
Follow Seagate on Twitter, Facebook, LinkedIn, Spiceworks, YouTube
and subscribe to our blog.
About HTC VIVE
HTC VIVE has created VIVE, the world’s first most immersive
virtual reality system for PC, integrated with breakthrough
room-scale mobile tracking technology that supports diverse ways of
experience including sitting, standing, and moving in a large
range. HTC VIVE, together with VIVE Pro and VIVE Focus, forms a
portfolio of innovative devices that represents the highest quality
in the industry. A powerful and well-established ecosystem is
established, consisting of leading VIVE hardware products, the
world's most active VR/AR accelerator VIVE X, cross-platform and
cross-regional application store VIVEPORT, and VIVE Studios focused
on content development and distribution. The ecosystem brings VR
experience of the highest quality to the consumers, developers and
enterprise clients, and unlocks the unlimited potential of VR
technology. For more information, please visit www.vive.com.
© 2018 Seagate Technology LLC. All rights reserved. Seagate,
Seagate Technology, and the Spiral logo are registered trademarks
of Seagate Technology LLC in the United States and/or other
countries. All other trademarks or registered trademarks are the
property of their respective owners. Seagate reserves the right to
change, without notice, product offerings or specifications. When
referring to hard drive capacity, one terabyte, or TB, equals one
thousand billion bytes. Your computer’s operating system may use a
different standard of measurement and report a lower capacity. In
addition, some of the listed capacity is used for formatting and
other functions and will not be available for data storage.
Quantitative usage examples for various applications are for
illustrative purposes. Actual quantities will vary based on various
factors, including file size, file format, features, and
application software.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180524006512/en/
Seagate Technology plcKelly Zhang, 86 10
58751926Kelly.G.Zhang@Seagate.com
Seagate Technology (NASDAQ:STX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Seagate Technology (NASDAQ:STX)
Historical Stock Chart
From Apr 2023 to Apr 2024