HTC CEO Cher Wang has stated that the company is not afraid of Apple's upcoming mixed-reality device

 




HTC CEO Cher Wang has stated that the company is not afraid of Apple's upcoming mixed-reality device.

 Apple will likely release its XR device in 2023.

HTC CEO and co-founder Cher Wang stated that Apple will likely release its mixed reality device this year because the market is now big enough to be lucrative.

  • The company recently presented the latest generation of its mixed-reality headset named The Vive XR Elite.
  • The headset weighs 625 grams with the battery on the back and lasts for two hours.
  • In addition to an XR headset, Apple has also planned to launch AR glasses. The plan has been delayed several times, as the device is estimated to launch at the earliest in 2025.

The Global Mixed Reality Market is anticipated to grow at 41.8% CAGR from 2022 to 2027.

  • According to reports, Meta, considered the industry's leader so far, has sold nearly 20 million VR headsets since the launch of Quest Pro 1 in 2019.

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