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HTC ANNOUNCES VIVE PRODUCT LAUNCH IN SOUTH KOREA

HTC partners with Korean retailers to bring VR into market from Nov 17th 2016

Busan – November 17- HTC Corporation (“HTC”), a pioneer in innovative, smart mobile and virtual reality technologies, today announced their virtual reality system, VIVETM will be available in South Korea on November 17th, making VIVE the first complete VR system available to consumers in the South Korean market.

Leveraging strong partnership with our distribution partner, JCHYUN Systems, VIVE will be available online at Vive’s official website and Auction/ G-Market. Retail sales and demo will be made available in retail chains including E-Mart, Electromart, Starfield and Hyundai Department Store in the upcoming weeks. In total, more than 30 retail locations will offer VIVE for demos and purchase by end of 2016. For product information, retail demo locations or to purchase a VIVE, visit Vive’s official website: www.vive.com/kr/.

Each store location will boast an interactive VIVE demonstration station, fully open to the general public for individual sessions to experience a variety of virtual reality content supported by the platform. Consumers will also be able to purchase VIVE following an in-store demonstration, directly from each retailer.

Raymond Pao, HTC’s Vice President for VR (APAC) commented: “South Korea has been a hotbed for high-quality gaming and entertainment content. Consumers have been eager to try and purchase the best VR system in the world, the VIVE. We are thrilled to work with the strong partner, JCHYUN Systems, to start offering VIVE to South Korean market. The VIVE has been very well regarded by consumers and media as the best VR system in the world, and we are very excited to bring this product into the hands of South Korean consumers and developers.”

In addition, HTC VIVE and the Busan Government have announced partnership agreement to jointly cultivate the VR eco-system in South Korea. The all-new “VR incubation program- powered by VIVE” will be run by the Busan IT Industry Promotion Agency (BIPA) while HTC will provide technical support and mentorship.

In conjunction with G-Star, South Korea’s biggest gaming show, HTC, along with Korean and global content partners, will showcase VIVE’s capabilities to the expected 200,000 visitors of the show. Some of the notable partners include Nexperience VR by Golfzon Yuwon Holdings, Korea’s largest indoor simulation entertainment company, and Skonec, one of Korea’s leading game development studios.

“We are truly excited to have HTC VIVE in Korea, which is one of top brands in VR market in the world. We believe that VIVE will have a very successful launch in Korea. Golfzon Yuwon Holdings is expecting development synergy between our new VR business; Nexperience and VIVE, and is planning to deliver VIVE culture to both VR fans and the general public,” said Kisun Shin, Executive Vice President for Technology Strategy of Gofzon Yuwon Holdings.

“We truly congratulate and are glad to hear that HTC VIVE is finally launching in Korea. It will boost the propagation of VR to the general public. The potential of the VR market is endless, and we are expected to publish several VIVE titles in the near future.“ said Dai-Shil Hwang, CEO of Skonec Entertainment.

Priced at 1,250,000KRW, VIVE is the first complete VR solution, including wireless VR controllers, room scale movement, and Head Mounted Display featuring a built in camera. For a limited time, VIVE will also ship with two fully-fledged VR experiences: The Gallery – Episode 1: Call of the Starseed and Zombie Training Simulator. VIVE delivers unprecedented realism and immersion, with hundreds of VR apps that let people experience content like never before. VIVE owners can access a great variety of content at Viveport (www.viveport.com), HTC’s global app store dedicated to VR apps across games, entertainment, travel, education, creativity, sports, fashion, music and more. For more information, or to find out the nearest location where you can experience Vive in-store, please visit //www.vive.com/kr

About HTC
HTC Corporation aims to bring brilliance to life. As a global innovator in smart mobile devices and technology, HTC has produced award-winning products and industry firsts since its inception in 1997, including the critically acclaimed HTC One and HTC Desire lines of smartphones. The pursuit of brilliance is at the heart of everything we do, inspiring best-in-class design and game-changing mobile and virtual reality experiences for consumers around the world. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498). www.htc.com

About VIVE
VIVE is the new virtual reality (VR) product that has set the standard for the industry to follow. In close collaboration with the strategic partner, Valve®, HTC has delivered the most complete, most immersive virtual reality system in VIVE, and the only consumer virtual reality system on the market that enables room-scale motion with precision tracking, enabling users to experience virtual reality using their visual, aural and physical senses. Since announcing VIVE, HTC and Valve have worked with thousands of developers and partners to create VR content across a wide spectrum of sectors, from gaming and entertainment to health, automotive, retail and education. VIVE partners are showcasing VR applications around the world, demonstrating the potential of a world without limits on the imagination. For more information, please visit www.vive.com/kr