Hong Kong - MobiusTrend releases a research report "Global XR Alliance was established, WIMI's 4654 IP assets build a 5G +XR content ecosystem". In the third quarter of 2020, the launch of the Global XR Content Telecom Alliance, which was jointly initiated by China Telecom, South Korea's LG U+, Japan's KDDI, Canada's Bell, Qualcomm, Felix & Paul, Altas V, and other industry and content partners, was officially announced through the cloud contract.