Hon Hai announced that it will sign a memorandum of cooperation with XRSPACE. In the future, Hon Hai has the right to invest US$100 million in XRSPACE. In the first stage, it will invest US$15 million to obtain XRSPACE equity.
According to the data, XRSPACE was established in 2017, focusing on building a complete Metaverse, providing functions including shareable 3D space, social interaction between user groups or virtual people, real-time 3D interaction, open creator contents, block chain economy transaction, physical to virtual /Virtual to physical, support across different hardware devices such as VR/AR/mobile phone/tablet, etc.
In the future, the virtual space scanning and interaction, visual computing, rendering, gesture interaction and holographic tracking, artificial intelligence and other technologies owned by XRSPACE will combine with Hon Hai vertical integration of design and manufacturing capabilities in software and hardware platforms to establish a complete metaverse ( Metaverse) ecosystem.
It is reported that in 2021, XRSPACE will launch a new platform of GOXR. In October of the same year, at the Hon Hai Technology (HHTD21) event, the two parties cooperated to present the virtual world of the Metaverse simultaneously through the GOXR platform, providing an online experience for those who are interested in HHTD21, and received a lot of positive feedback.
Hon Hai said that in the field of Metaverse, the company has gradually improved its capabilities from cameras, 3D Projectors, optical lenses, display light sources, chips, sensors, PCBs, housing components, AR/VR to cloud servers, cloud storage, and cloud computing. Upstream and downstream hardware industry ecological chain. The layout of the Metaverse by Hon Hai has just started. In this cooperation between the two parties, Hon Hai will jointly create huge business opportunities in the future Metaverse through the opportunity of investing in XRSPACE.
Previously, Hon Hai Chairman Liu Yangwei said that Hon Hai will enter the Metaverse this year and plans to incorporate elements of the Metaverse into its product designs, such as wearable devices, clouds, data centers, semiconductors and Micro LED displays.
In early January, Hon Hai computer hardware subsidiary Ennoconn received a $39.8 million investment from Google, and the two companies plan to collaborate on more Metaverse projects in Taiwan.