Hexa raises $20.5M (Israel)

Hexa, a company that creates custom 3D/AR eCommerce experiences for customers, has raised $20.5 million in a Series A funding round.

Global shipments of AR/VR headsets decline sharply in 2022: IDC

Global shipments for AR/VR headsets declined 20.9% year over year to 8.8 million units, according to IDC.

U.S. Air Force awards VR medical simulation training SimX contract

SimX has been awarded an R&D contract by the U.S. Air Force to develop enhanced VR medical simulation training capabilities for battlefield tactical combat casualty care (TCCC).

Augmented Reality/Virtual Reality headset demand expected to rebound, says IDC

Worldwide shipments for augmented reality (AR) and virtual reality (VR) headsets will grow to 68.9 million units in 2022 with a five-year compound annual growth rate (CAGR) of 52.5%, according to the latest forecast from IDC.

HTC Appoints Cher Wang CEO, Peter Chou To Head Future Development

HTC has named Cher Wang, chairman and co-founder of HTC, as chief executive officer. Former CEO Peter Chou will transition to a new role as...