|
XREAL, a China-based augmented reality (AR) device maker, plans to increase investment in Shanghai and expects "three-digit" sales growth this year, fueled by the wave of generative artificial intelligence (AI) and spiritual computing, company founder and chief executive Xu Chi said on Friday.
XREAL signed an agreement with the Pudong New Area to increase investment in Shanghai. It's one of the 21 project deals signed on-site during the Shanghai Global Investment Promotion Conference 2024 on Friday, with a total investment of 52.4 billion yuan (US$7.3 billion). XREAL will increase its layout and investment in Shanghai, covering research and internalization. Shanghai's advantages lie in its collaborative industrial chain, globalized talent resource and geographical location. A few more hundred-billion-dollar Metaverse enterprises will appear in Shanghai in the future, Xu told Shanghai Daily on the sidelines of the conference. Source: Shine
0 Comments
Leave a Reply. |
RSS Feed