According to a July 15 report from Nikkei Asian Review, the social media site has reacted to the uptick in COVID-19 cases throughout the world by calling for a production increase in the second half of 2020. This would be an increase of 50% compared to its entire produced amount for all of 2019.
Facebook bought Oculus for $2 billion in 2014. Meanwhile, other tech companies have also introduced their VR versions with Sony (SNE) launching its PlayStation VR in 2015. Additionally, HTC, Samsung Electronics, and Huawei Technologies all introduced various types of headsets later using smartphones for VR screens.
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