Meta to Make Comeback in China? Company Closing In on Deal With Tencent to Sell MR Headsets
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Meta Platforms Inc. is close to reaching a deal that will bring its mixed reality headset to China through a partnership with Tencent Holdings Ltd.Under the agreement, Tencent would manufacture a version of a headset using Meta's hardware specifications and software, a person familiar with the conversations said, asking not to be identified because the information isn't public. The headset is proposed to be branded and marketed under the Tencent name, the person said, while cautioning that talks aren't finalized, the plan could change and a decision hasn't been made on the name or branding. Meta didn't respond to a request for comment. Tencent didn't immediately have a statement. The Wall Street Journal earlier reported that Meta plans to sell virtual-reality headsets in China w...