WAIC 2022 Closes: YVR in the Metaverse Core Exhibition
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June 2024
September 3: the 2022 World Artificial Intelligence Conference (WAIC 2022) concluded in Shanghai under “Intelligent Connectivity, Infinite Generation”—bringing together scientists, entrepreneurs, and experts to envision an intelligent Shanghai and global AI future.
Shanghai aims to be a global AI hub and is accelerating the metaverse. AI + metaverse will support high-quality AI development and city-wide digital transformation. The main venue at Shanghai Expo Center featured a metaverse core exhibition with 26 companies including Unity, Qualcomm, Huawei Cyberverse (Hetu), Alibaba Yuanjing, and YVR—showing the full AI + metaverse chain.
WAIC’s fifth-anniversary AI Show series also ran at Expo Center—with YVR, NetEase, Kuaishou, and others discussing the intelligent metaverse.
As a Shanghai-born VR brand, YVR aims to build a world-leading VR company—and was the only VR tech brand in the metaverse core zone. YVR brought the July-launched YVR 2, the world’s first mass-produced Pancake ultra-short-focus optical VR all-in-one—upgraded comfort, interaction, and sensory experience—and showcased hard tech, new tracks, and future scenarios for AI + metaverse.
Innovation: hard tech for digital transformation
As one of the few independent VR hardware teams in China with full-stack R&D, YVR shipped two landmark headsets in about a year—from self-developed head and hand 6DoF to disruptive Pancake optics—rapid product leaps backed by strong science.
“YVR insists on core self-developed tech to bring breakthroughs to Shanghai’s metaverse track and empower economy, life, and governance digitally,” said Chen Ming, COO, in the AI Show keynote. “YVR has full-stack self-developed coverage from algorithms, OS, UI, apps, ergonomics to optics and electronics.”
YVR 2 embodies that strength—clear, comfortable VR. Optically, Pancake overcomes Fresnel edge blur and glare for clarity across the field—about 50% better resolution. At 42 mm thin, it’s over 28% thinner than many mainstream all-in-ones, with rear weight balance. Algorithms: self-developed 6DoF with ultra-low latency, high accuracy, robustness, and wide range—walking, jumping, crouching. Design: YVR 2 is the only domestic all-in-one with both Red Dot and iF.
As Apple and Meta push Pancake for XR optics, YVR shipped a mass-produced Pancake all-in-one early—a boost for China’s VR industry and, in some areas, a leap ahead.
Future: riding Shanghai’s metaverse wave
As tech, market, and policy mature, consumer VR is nearing an inflection point. Omdia estimated ~12.5M consumer VR headsets sold globally in 2021 and ~70M active headsets by 2026.
In July 2022, Shanghai’s metaverse action plan targeted RMB 350 billion related industry scale by 2025—accelerating the sector.
YVR upholds “help more people play their dreams,” iterating hardware, software, and ecosystem and building global partnerships.
YVR grows content with developers through a premium content strategy—games, fitness, culture, education, and more.
“VR is the next computing platform and a key metaverse interface—it will change how we live and work,” Chen Ming said. “We want more scenarios—education, healthcare, travel, film, games, social—and ultimately blend virtual and real.”
YVR partners globally with Qualcomm, Pegatron, 3M, BYD, JDI, OFILM, Unity, and more for new sensory experiences between virtual and real.
“Only through innovation and global co-creation can we join Shanghai’s metaverse wave and reach an inspiring intelligent future,” Chen Ming concluded.