Meta: a major deal with Tencent?

(Boursier.com) — Meta would have concluded an agreement with Tencent Holdings with a view to marketing a new “low cost” virtual reality headset in China, according to the Wall Street Journal. This would thus be a return of Mark Zuckerberg’s group to the Chinese market, where Facebook or Instagram are blocked. Meta would then enter into competition with Bytedance, the owner of TikTok, which designs the Pico virtual reality headset. The WSJ does not mention the price of the Meta headset which would be offered in China. The group sells its Quest 2 headset in the United States for a starting price of $300, its Quest 3 from $500 and its Quest Pro for $1,000. The Chinese offensive comes as Meta faces the threat of Apple’s new Vision Pro mixed reality headset, which is said to go on sale early next year. Still, the price of Apple’s headset is more than three times that of Meta’s most expensive Quest headset.