Baofeng reveals acquisitions as 1m VR handsets sold

0 Comment(s)Print E-mail China Daily, March 30, 2016
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The Mojing kit. [Photo/mojing.cn]


Huang Xiaojie, CEO of Baofeng's specialist VR unit Baofeng Mojing or Baofeng "magic mirror", said it has now made significant progress in hardware, software, content, technology and mobile terminals.

Mojing completed its second round of fundraising for 230 million yuan in January, giving it a valuation of 1.43 billion yuan.

It launched its fourth-generation VR headset in November, priced at 199 yuan, and a fifth-generation product is now under development.

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