XRSpace recently announced its plan to launch a virtual world/social platform, Manova, and a standalone Virtual Reality (VR) Head-Mounted Display (HMD), Mova, in 2020. XRSpace is headed by Peter Chou, a former CEO and co-founder of HTC, so the “pedigree” is certainly strong with XRSpace, although there are some potential hurdles. The Mova HMD will include hand tracking out of the box and will notably offer 5G (and LTE) connectivity—it is based on Qualcomm’s Snapdragon 845 platform and is targeting a price of US$599. The social platform takes the form of a virtual world and has drawn comparisons (at least in vision and ultimate goal) to something out of the novel and movie Ready Player One. Manova will support both public and private areas for entertainment, work, and socializing, including branded corporate areas, personal virtual home spaces, places to exercise, public events (e.g., sports, concerts, etc.), learning centers, and other spaces. The global launch is planned for 2020, will begin with telecom partners Deutsche Telekom and Chunghwa Telecom, and will later rollout to Europe, the United States, and China.
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