China Mobile is making significant strides in the metaverse through its alliance with industry giants like Huawei and Xiaomi. Let’s take a closer look.
TL;DR
- China Mobile’s metaverse alliance with partners like Huawei and Xiaomi drives significant progress in the metaverse network.
- The primary goal of this alliance is to create metaverse development in China by promoting collaboration among companies.
- China Mobile has established a member alliance fund to support innovative metaverse projects. They have also invested in research and development of XR content creation.
Big Metaverse Plans For China Mobile
China Mobile is making significant strides in the metaverse network through its alliance with industry giants like Huawei and Xiaomi. They announced this at the Mobile World Congress Shanghai (MWC Shanghai) event. At the event, China Mobile revealed the first 24 members of the alliance, including HTC and Unity China.
To clarify, the primary goal of this alliance is to support the development of the metaverse ecosystem in China by promoting collaboration among companies. China Mobile also aims to create the world’s strongest metaverse circle of friends, creating a “win-win concept” that will bring new sources of income to the virtual economy.
In addition, China Mobile has also created a member alliance fund to support innovative projects. This fund also supports investments in research and development of XR content creation and hardware. Moreover, Zhao Dachun, the deputy manager of China Mobile, noted the potential of the metaverse, stating that it could bring in trillions of yuan and play a vital role in the construction of digital China.
With China Mobile’s metaverse alliance attracting prominent partners, the metaverse ecosystem in China is set for significant growth and innovation.
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