HTC is now opening their third officially brand ‘Vive VR Cafe’ this time in Shenzhen, China, which is known as the country’s Silicon Valley of hardware. HTC China’s President of VIVE Alvin Wang Graylin has confirmed in an interview that the company will be ascend hundreds of Shenzhen-style VIVE cafes in the year 2016 and 2017 in China. The Company has also confirmed that once the VIVE Virtual Reality cafe model is fully tested in China then the company will eventually going to plan to expand VR café internationally with a major franchising opportunity.
We all know that last December, HTC announced their partnership with Shunwang which is China’s leading software provider Company and that too within the country’s many gaming cafes and the new VIVE VR Cafe in Shenzhen is the result of outside investment. “Shunwang cafes are more like that of the Internet cafes that are converting to Virtual Reality.
HTC is currently operating two other VIVE VR cafe at two different locations. One in Taipei and the other one in Beijing. The Graylin said in the interview that there are currently more than 3000 non-branded Virtual Reality arcades in China and they will be using HTC’s Viveport Arcade management platform in order to connect them and also to bring value to the users. China’s potential Virtual Reality market is already on the verge of an exponential explosion. Bloomberg has expected a growth up to $8.5 billion in the next four years and it is very clear that everyone wants a piece of VR.