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Acer wants to close their StarVR subsidiary
  • StarVR is a joint venture between Acer and Sweden-based game developer Starbreeze with Acer holding a 63.25% stake and Starbreeze 33.18%. The company is mainly focusing on developing high-end VR HMD. Its latest product, StarVR One, was released in August 2018,

    In the first half of 2018, StarVR had net losses of NT$118 million (US$3.79 million), compared to NT$8.07 million the same period a year ago. In October, the company achieved consolidated revenues of NT$1.7 billion, down 89.94% on year.

    Acer has given StarVR three months to turn profitable or will terminate its operation, while some other market watchers said that Acer is looking to sell the company to China- or Japan-based enterprises.