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Byte jumps in response to rumors of "gradually abandoning PICO business": if the news is not true, it will be invested in XR business for a long time.

2025-02-27 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

CTOnews.com, October 21, according to the interface news, the person in charge of the byte jump responded to the rumors of "gradually abandoning the PICO business": the news is not true, PICO is in normal operation, and the company will invest in XR (expanding reality) business for a long time.

Previously on CTOnews.com:

Earlier today, the media EqualOcean posted an article claiming that "VR giant PICO will be gradually shut down and byte jumps to give up meta-universe." the article quoted "relevant people" as saying that the person in charge of PICO recently went to Singapore to report to Zhang Yiming, and got feedback that byte jump will gradually give up PICO business, saying that the reason is that "PICO is good at non-byte jump hardware." Over the past few years, the results have fallen short of expectations and there is no hope for the future.

PICO was founded in March 2015 and incorporated into byte jumps in September 2021. According to the latest statistical report released by market research agency Counterpoint Research, shipments of VR head display equipment in China fell by 56% in the first half of 2023, ending two consecutive years of growth from 2021 to 2022. Of these, PICO has a huge market share of about 50%. However, Pico also experienced a year-on-year decline of more than 50% in the first half of 2023.

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