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Here's Why Heartcore Shares Are Trading Higher Today

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·1 min read
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  • Leading software development company Heartcore Enterprises, Inc (NASDAQ: HTCRlaunched "truRes-12K", the world's first 12k-compatible real-time 360° virtual reality camera.

  • HeartCore developed the first-ever 12K VR camera that provides users with higher-quality VR and AR images by combining a camera, chipset, stitching processing technology, and compression technology.

  • HeartCore aims to market and sell its truRes-12K camera to businesses focused on the medical, manufacturing, aerospace, e-commerce, and travel industries.

  • Also Read: Meta Remains Adamant On NFT Push In Contrast With Google, Apple To Secure Its Metaverse Ambitions

  • With the recent growing popularity of augmented reality (AR), virtual reality (VR), and the metaverse, several solutions have come to market for consumers to use, especially 360° VR cameras.

  • CEO Sumitaka Kanno (Yamamoto) said, "With the growing concerns and side-effects of VR stemming from low-quality images and antiquated cameras, we decided to develop a state-of-the-art camera to provide users with an experience that is very close to reality. The use of our processing and compression technology allows for us to create such a product that has not yet been available to the market."

  • Price Action: HTCR shares traded higher by 14.6% at $2.87 on the last check Wednesday.

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