VR/Mobile Phone Business Weak | HTC to Deploy 5G and Blockchain

After 20 years of entrepreneurship, HTC has tapped the new direction of VR after the decline of smartphone business. However, in the months of Steam’s hardware statistics, HTC Vive has become more and more faintly replaced by the more competitive Oculus. Meanwhile, the industry’s virtual reality technology Also began to turn to AR (Augmented Reality) and MR (Mixed Reality).

According to the data, HTC’s camp revenue in March fell to a new low in 16 years, making people sweat for them.

According to media reports, Wang Xuehong, chairman of HTC, said in an interview that HTC's focus is not only on AR/VR, 5G communications, but also on the blockchain.

As for the form of HTC blockchain products, it is not yet known.

Since the concept of blockchain is very interesting to investors, HTC's move may boost its market performance. As of press time, HTC's share price is NT$61.20 (approximately RMB13).

In addition, HTC is expected to release the new flagship U12+ in May. The U12+ is said to be equipped with a 6-inch QHD+ screen with Qualcomm Snapdragon 845 processor, equipped with two main cameras (12 million pixels and 16 million pixels), 6GB of memory, and the highest 256GB storage space, and support for HTC facial unlocking technology.