Chinese Big Tech firms led by Tencent, Baidu among world’s top-ranked filers of VR, AR patent applications as metaverse interest surges

Source: China – South China Morning PostChinese Big Tech companies, led by internet giants Tencent Holdings and Baidu, comprised more than half of the world’s top 10 filers of patent applications for virtual reality (VR) and augmented reality (AR) technologies over the past two years, showing a strong effort to establish a foothold in the emerging metaverse market.Tencent, which runs the world’s biggest video gaming business by revenue and China’s largest social media platform, filed a total of 4,085 VR and AR patent applications in…Read More

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