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A Beijing-based technology company called Nreal agrees to build a base for mixed reality glasses in Wuxi National Hi-tech District (WND) on March 20. [Photo/wnd.gov.cn] |
A Beijing-based technology company called Nreal agreed to build a base for mixed reality glasses in Wuxi National Hi-tech District (WND) on March 20.
The company will spend over 2 billion yuan ($281 million) building a production center and R&D center covering an area of 20,000 square meters in WND. It will include six core optical machine production lines and complete machine production lines. It is expected to produce one million sets of the glasses in 2020.
The Wuxi base will provide 600 jobs, 40 percent of which will be for technical talent with master's degree or above in research and development related to mixed reality technology. Over 100 proprietary technologies are expected to be developed in Wuxi.
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Wuxi Mayor Du Xiaogang (right) tries on a pair of mixed reality glasses developed by Nreal. [Photo/wnd.gov.cn] |
Wuxi Mayor Du Xiaogang attended the signing ceremony and explained the state of the 5G industry in Wuxi.
According to Du, Wuxi boasts a strong industrial foundation for 5G networks. As a national sensor network demonstration zone, the city is working to promote the integration of 5G technology into daily life and build innovation platforms for 5G applications.
Wuxi recently released a five-year plan for 5G development that will support the construction and development of Nreal's new base, said Du.
Nreal founder Xu Chi expressed his gratitude for the strong support provided by the local government. He said Nreal will help build 5G networks in Wuxi by developing advanced technologies related to 5G, internet of things, and artificial intelligence.
Nreal, founded in 2017, has been working to develop user-friendly mixed reality wearables. Its flagship product, Nreal Light, a type of mixed reality glasses that superimposes computer graphics over a real-world view in a realistic and useful manner, was lauded by many at the CES 2020 show.
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