According to a report from Digi-Capital, China is likely to beat the United States in AR adoption. The company posits quite a few things relating to AR/VR in its study, so let’s break them down below. About Digi-Capital’s study Digi-Capital focuses on releasing detailed reports and statistics concerning the AR/VR markets and many related tech segments. Their most recent report, for Q2 2018, provides insights, interviews, and even a database on all kinds of market information. A considerable part of this report focused on VR and AR adoption, which we’ll detail below. How China could win in AR adoption, and our thoughts According to the
A new branch from the state-owned China Construction Bank is making a plunge into the world of cutting-edge technology. VR World is taking a look at what’s in play to see how this technology may one day spread to banks closer to home. First and foremost is the face-and-voice recognition. At the entrance to the bank, customers interact with a greeting robot that can speak back using voice recognition. Using their ID or facial recognition, clients can then enter the bank and start using the machines inside to do their bidding. Some functions, like buying gold, exchanging currency or withdrawing money are all done on
iQiyi is a prominent Chinese video streaming service owned by Baidu, a massive Internet conglomerate of same origin, often referred to as Google of China. This week, the company announced its intent to release a new headset – specifically, a 4K VR headset. An earlier version of this headset, the Qiyu VR II, was shown off at CES earlier this year. Since that time, iQiyi has announced a May release window, renamed the headset to just VR II, and has significantly improved its components. The current VR II now offers 8K panoramic video support, which is achieved by downsampling to the 4K display inside of
Just a few weeks before Chinese Lunar New Year festivities starts, Chinese authorities decided to take even more precaution measures. The Chinese will be making around 3 billion trips during these days and there is a new high-tech law enforcement tool that will help them feel secure. Facial recognition eyeglasses have already been tested and proven useful in Zhengzhou’s East Railway Station when they helped local police capture seven people connected to major criminal cases, and a further 26 traveling on false documents. The station, one of the busiest in China, has its own police force but it can be hard for an individual policeman to
HiScene, a Chinese provider of AR products and services is demoing it’s recently-launched HiAR augmented reality glasses at this year’s CES in Las Vegas. The product, which is intended for fields including aerospace, power, automotive manufacturing and education, previously won an Innovation Award at CES Asia and the Red Dot Design Award 2017. Notably, the company says their product is the first mass-produced binocular AR smart glasses in China. According to HiScene, the glasses improve brightness and heat dissipation compared to earlier models, while also featuring a minimalist user interface that is particularly well-suited to augmented reality. Of further interest is that the glasses integrate
The Guangzhou Zoo is the largest of its kind in South China, and is a prominent attraction for locals and tourists alike. There’s plenty to be seen at the Guangzhou Zoo, but among its most popular attractions are its pandas. Just like museums are taking advantage of emerging technologies, the Guangzhou Zoo is looking to embrace Virtual Reality in the coming days. Guangzhou Zoo has been open for 60 years now, but even at their age it’s never too late to introduce new technology. On January 1st, 2018, Guangzhou Zoo will be introducing Virtual Reality to its zoo. Specifically, this will manifest in the form of
China’s Didi Chuxing, the country’s ride-hailing giant , said today that it has raised $4 billion in new capital to proceed with their international expansion. In that way, they are posing a direct challenge to its U.S. rival Uber in its efforts to branch out overseas. Just eight months ago, the company raised $5.5 billion, and in 2016 they raised raised $7.3 billion from big companies including Apple. This takes Didi’s total inbound investments to $19.7 billion, but the company only said that the money came from “Chinese and international institutions.” The company expects to continue that expansion and they promised that the part of the funding will be dedicated to the development
China opened the doors to its first virtual reality theme park, which aims to ride a boom in demand for virtual entertainment that is set to propel tenfold growth in the country’s virtual reality market, to hit almost US$8.5 billion by 2020. This 134-hectare park in southwestern Guizhou province promises 35 virtual reality attractions, from shoot-’em-up games and virtual rollercoasters to tours with interstellar aliens of the region’s most scenic spots. The 330-acre (134-hectare) park in southwestern Guizhou province promises 35 virtual reality attractions, from shoot-‘em-up games and virtual rollercoasters to tours with interstellar aliens of the region’s most scenic spots. “After our attraction opens,
HTCs latest announcement is a new headset, but it’s not the Vive 2 or anything. Not exactly. The new headset is called the HTC Vive Focus, and for the time being it seems to be aimed squarely at the Chinese, so how relevant it is for Western consumers is a valid question to ask. Even without Western availability, though, the Vive Focus is still worth talking about, for multiple reasons. First and foremost is that it’s a completely standalone headset, meaning that it functions separately from any smartphone or PC. Its internal hardware boasts, among other things, a high-res AMOLED display and a Snapdragon 835
After the People’s Bank of China (PBoC) imposed a temporary rule that initial coin offerings (ICO) are illegal and that startups must refund all ICO investments to contributors, The Central Bank of Russia also said that it “monitors” the cryptocurrency market and is continuing to develop a regulatory framework for cryptocurrencies. There is a question though – what are central banks over the world exactly scared of? Russia’s central bank is against allowing cryptocurrencies or any related financial instruments within the Russian Federation. In that way, they reiterated statement from January 2014 which explicitly compared bitcoin to a “money surrogate”, rendering it illegal in the
Just a day after China raised the ban for ICOs all together, Hong Kong – the country that is a special administrative region of China – has voiced concern at the growth of ICO fundraising. “Those involved in an ICO need to be aware that some ICO structures may be subject to Hong Kong securities laws,” said Julia Leung of Hong Kong’s Securities and Futures Commission (SFC) . She also clarified that the regulations don’t simply apply to Hong Kong-based companies holding ICOs, but any entity worldwide that sells tokens to individuals based in Hong Kong. Just for a reminder, this week China’s central bank, issued a statement criticizing ICOs
Winter time. Heavy snow should have already been on all of the hills around. Rain was falling all night, tapping on improvised canopy above me. Everything is damp. Rain is drizzling from above and from below, the steam is rising up. Black bark of trees is in contrast to white mist. Every now and then some of the old branches gives in to the time and knocks on to the ground. Starting a new phase of its existence. Dawn is short and inevitable. The world is driven by desire and the same world is a small place. A new day, a new beginning and a new
Facebook often claims they are the largest social network in the world. Even though there are many non-humans on the list (pets), the undeniable fact is that Facebook has more people using its services than there are people living in China. If we would extrapolate the numbers of social media users and real world countries, we would get quite an interesting list. Thus, we decided to compile data from Wikipedia, showing the list of citizens in largest countries in the world, and an August 2015 report from We Are Social, a British-based analyst firm which focuses on tracking trends in the world of social media. The results
The clash of cultures is inevitable once you move beyond your own borders. A lot of American companies had issues being present in China, for example – and that lead to bans of particular companies. Watching YouTube or being on Facebook (NYSE:FB) in China is impossible without a friendly VPN/Proxy server, because those companies refused to ‘play ball’ with the Chinese authorities. And yes, all the companies which were targeted would often criticize their policy and refused to abide to censorship. Yet, every once a while, a slight ‘what the he…’ happens when the censorship scissors of Facebook’s Political Correctness Police appears. This time, a
Earlier rumors pointed to an outright takeover of AMD by China’s BLX. While there is a China element to AMD’s future, it’s in something more subtle than an outright takeover.
Drones are all the rage and have caught the attention of the crowd-funding public. Ghost is one of the more successful projects on Indiegogo.
Nokia’s brand is getting a reboot with the announcement of the Nokia N1 Android tablet, which is the result of a partnership between Nokia and Foxconn.
A misaligned post-secondary sector, industry lagging in innovation, and China’s unethical state capitalism all worry Taiwan’s Minister of Science and Technology.
A new trade deal signed at this year’s APEC summit has modified the ITA last signed in 1997 in order to improve the flow of technology and products globally
Qualcomm reported their earnings for fiscal Q4 2014 as well as FY 2014 in the third quarter this year, missing analysts estimates and guiding FY 2015 down.