ByteDance has appointed Li Xiaokai as the new leader of its VR unit Pico, replacing founder Henry Zhou, according to KrASIA. Zhou will step down later this year to explore other career opportunities, marking a significant leadership change within the company.
Despite the management transition, ByteDance assures that Pico's strategic direction, research and development, and product roadmap will remain unchanged. The company is still on schedule to launch a new mixed reality headset later this year, signaling continued commitment to innovation in the XR space.
This leadership shift comes at a time when Japanese investors and tech companies are closely monitoring developments in virtual and mixed reality, sectors poised for growth amid evolving digital and metaverse trends.