Tencent sets up unit to explore extended reality space


China’s Tencent Holdings said it saw multiple opportunities to explore extended reality (XR) technologies in the next 4-5 years and that it had set up a unit focused on exploring the space, confirming an earlier Reuters report.

The company’s gaming chief Steven Ma made the comments to local media on the sidelines of a mobile game event the Chinese tech giant held on Monday. Tencent later shared a transcript of the remarks with Reuters.

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