Tencent abandons its plans to create hardware for virtual reality

It’s no secret that dozens of companies jumped into the hype of the metaverse to try to get more benefit from this new trendwhich is why Meta has the name it now has – and which seems to be defining the reason for its worst financial period in its entire history.

However, not all have succeeded, and it is that Tencent, who at the time had plans to launch hardware for virtual reality, has instructed workers across its XR division to “look for other opportunities,” which mostly equates to the fact that this division could dissolve soon, or at least stop working as before.

As we read in Engadgetthe difficulties in achieving profitability quickly, the size of the investment needed to create a competitive VR headset, and the lack of VR games and apps These have been the main reasons why this market outlet has been turned its back on.

Tencent does not seem to plan on dissolving the division, so the direction to its workers to look for new opportunities it may simply affect their jobs within the same company, although it is not clear how this will work. It can also just mean that if they expect a VR-related job, they won’t get it there.

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