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GoerTek signs strategic partnership with gaming firms HoYoverse and 37 Interactive Entertainment

GoerTek signs strategic partnership with gaming firms HoYoverse and 37 Interactive Entertainment

Acoustic components company GoerTek has partnered with major Chinese gaming firms, HoYoverse and 37 Interactive Entertainment, pooling RMB 556 million ($82.4 million) to do joint investments. GoerTek and its sub-firm Tongge Ventures contributed 73% of the fund, while HoYoverse and 37 Interactive Entertainment contributed 18% and 9%, respectively. The investment partnership will focus on consumer electronics, VR, AR, semiconductors, and advanced manufacturing. According to GoerTek’s filing to the Shenzhen Stock Exchange, the investment will avoid horizontal competition and related party transactions. [Shenzhen Stock Exchange, in Chinese]


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