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World Conference on VR Industry 2020 Roundup

The 2020 World Conference on VR Industry took place last week from Oct 19–21 in Nanchang, Jiangxi Province, China. Similar to AWE Asia 2020, the conference was a hybrid — in person for those able to travel to the event, as well as many participants and speakers taking part virtually.

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The 2020 World Conference on the Virtual Reality Industry in Nanchang, Jiangxi, China (Photo: China Daily)

The invite-only conference attracted more than 150,000 attendees both on and offline. 100 corporate representatives from 18 countries and regions attended, conducting discussions on the theme of “New Opportunities, New Prospects.” During the opening ceremonies, Chinese Vice Premier Liu He expressed his optimism for the future of the XR industry. Other speakers included senior leadership from Alibaba, Qualcomm, Tencent, Intel, Baidu, Nreal, HTC, Microsoft, Shadow Creator, Insta360, and AWE.

The exhibition center covered an area of more than 30,000 square meters (32,300 square feet), and featured more than 160 exhibitors, including an increased number of solution manufacturers along with big names like Huawei, China Unicom, Qualcomm, and Microsoft. AR smart glass company Shadow Creator, winner of the AWE Asia 2020 Best Hardware Auggie Award, announced the launch of the Honghu AR smart glass, the first to use the Qualcomm Snapdragon XR2 platform, along with a new ODM partnership with PhotonLens, a UK-based AR gaming company.

The conference report identified a total of 167 key projects, with investment of about 120 billion yuan ($17.85 billion).

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The 2-day event concluded with Zhao Qinping of the Chinese Academy of Engineering and honorary President of Virtual Reality Industry Alliance unveiling China’s Top 50 VR enterprises. They list is:

  1. Goertek
  2. Baidu
  3. HTC
  4. iFLYTEK CO.LTD.
  5. WISESOFT
  6. NETDRAGON WEBSOFT INC
  7. Beike
  8. HiAR
  9. Shadow Creator
  10. Pico Zense
  11. Arashi Vision
  12. Nreal
  13. DPVR
  14. Nibiru
  15. REALIS
  16. NOLO
  17. Vistandard Digital Technology
  18. VIVEDM
  19. Kingsoft Cloud
  20. PIONEERING DOMAIN
  21. Ned
  22. RAINIER
  23. Tellhow Creative Technology
  24. Sweet Technologe
  25. FengYuZhe
  26. GDi
  27. EasyTime(Yi Zhi Shi Dai)
  28. EasyXR Advanced Technology
  29. Lenovo
  30. LETINVR
  31. 7D VISION TECH
  32. China Animation Comic Game Group
  33. Seastars
  34. MFVR
  35. CATEYES
  36. RED LANDMARK
  37. Pimax
  38. Ximmerse
  39. KMAX
  40. Growlib
  41. 3Glasses
  42. 7invensun
  43. Future Plus
  44. CC MR SOLUTIONS
  45. cyber cloud
  46. RealMax
  47. NINED
  48. Chujiao
  49. Long Teknik Technology
  50. Kechuang Digital Display Technology

Nanchang commemorated last year’s event by investing in a 9 square-kilometer, ¥50Billion ($7.4B USD) “VR Town”. The town was designed to accelerate growth of the VR industry in China and facilitate attracting talent and creating an XR-focused business ecosystem. According to government estimates, the annual output of the 100 VR-related companies in Nanchang is expected to reach ¥100Billion.