An article in the Chinese press has pointed out that some Chinese VR stocks have fallen heavily as the ‘VR bubble has burst’. The article points out that shares in Shenzen Esun Display have dropped by 74.4% on the back of a 61.7% drop in profits. Baofeng reported a 69.4% drop in profit and saw stocks fall by 71.56%. Low quality content has been indicated as a factor in limiting and cooling market demand.
Empowering display industry professionals with cutting-edge insights and analysis
