In an interview with Bloomberg Technology , recently appointed HTC CEO Yves Maitre talking about competition in the market between Oculus VR and Samsung. He also spoke about the market of virtual reality in General and how it affected the performance of the HTC and the share price.
Mater began with the fact that noted that “critics are very, very positive. We are more than happy and we will continue to move forward to our strategy [of the company], which… 5G and the reality of XR “.
Contrary to the comments of the Master in response to critics, many users had mixed feelings about the new headset HTC.
This prompted Bloomberg to ask the Master about low prices for shares of the company in connection with their turn from smartphones to headsets and technology 5G. “It is clear that the market for virtual machines is not moving with the speed at which we expected , but we continue to invest in this direction”, — said the Master. He indicated that the company may go through peaks and valleys, especially during periods of new investment and research. However, he remains confident that the company is “up to the mountain” to the next peak.
As for the competition, Bloomberg asked the Master, as HTC plans to beat Oculus to market virtual reality. “I’m not sure that the goal is to defeat the Oculus“, — he said. “The market is very large. We compete with Oculus, but Oculus is its own segment, which is purely gaming and social network. [sic] I think the market is very large, if you look at the B2B [business to business], for example, [there] also has many opportunities. I think everything is moving forward, and the market is again very big.”