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Peter Chou HTC CEO Joins Digital Domain to Improve VR Venture

With HTC’s recent financial reports recording significant loses for the Taiwanese smartphone manufacturer it’s no surprise that the company is aggressively venturing into the virtual reality (VR) industry with its collaboration with Valve on the HTC Vive head-mounted display (HMD). And now the co-founder of HTC, Peter Chou, is joining Hong Kong based visual effects studio Digital Domain Holdings to help better understand VR.

Reported by Venturebeat, from filings released by Digital Domain, Chou will be appointed as executive director and member of the executive committee, whilst still staying on as head of HTC’s Future Development Lab.

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Digital Domain has been behind the digital production of popular movies, including Tron: Legacy, Iron Man 3 and Her. The company is also responsible for animations in famous games like Assassin’s Creed: Unity, Destiny and many more. The studio also earlier this year created IM360, a joint venture with American company Immersive Media which has created experiences for the likes of Disney ABC and Mountain Dew.

How Chou’s new position, which takes effect from 31st August will effect HTC won’t be seen anytime soon. In the mean time HTC Vive’s unveiling is due to happen in October and the recent news of consumer stock availability for the HMD’s launch hasn’t gone down well with eager gamers. VRFocus will continue to follow the latest news and announcements from HTC on its HMD and report back.