Chinese ODM Goertek Aims to Produce Over 3 Million More VR/AR Headsets Annually – Road to VR

Goertek is probably not a family title, however the China-based firm is seeking to gear up its manufacturing strains to provide a stunning variety of VR/AR headsets and lenses quickly.

Goertek lately introduced a ¥four billion (~$572 million USD) convertible company bond providing, one quarter of which will likely be invested within the firm’s VR/AR manufacturing capabilities, the corporate says. The information was first reported by Yivian (Chinese language).

Yivian notes that Goertek additionally hopes to push manufacturing of VR/AR gadgets to three.5 million extra models yearly, and improve output of “precision optical lenses and module merchandise” by an annual quantity of 5 million models.

Goertek assertion indicating ~$142 million USD to “AR/VR and associated optical modules” | Picture courtesy Goertek, through Yivian

Goertek is probably not well-known to shoppers, nonetheless it performs a bigger function within the VR/AR business than you may assume. It creates elements, reference designs, in addition to completed white-label merchandise for among the greatest firms on the planet.

Primarily famous for its work in acoustic parts, the Weifang, China-based firm reportedly performed a job within the creation of the optical, structural and hardware design of Microsoft’s Combined Actuality headsets.

Again in 2018, Goertek struck a strategic partnership with WaveOptics, which on the time aimed to allow mass manufacture of waveguides for in the end cheaper AR headsets.

Goertek and Qualcomm Applied sciences additionally collaborated on the 5G-enabled XR reference design utilizing the brand new Snapdragon XR2 platform. At its unveiling earlier this 12 months, it was mentioned Goertek was “deeply concerned within the system integration and manufacturing of the XR2 reference design.”

Yivian speculates that Goertek’s current VR/AR manufacturing push could also be associated to Fb’s inevitable follow-up of Oculus Quest, though that continues to be to be seen. A potential next-gen Quest would nonetheless require that type of extensive manufacturing bandwidth urged by the Goertek’s current announcement.

Bearing in mind that the Quest platform has offered over $100 million in retailer content material, Highway to VR estimates Fb might have offered someplace within the neighborhood of 1 million Quest models up to now.

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