An "All-in-one" mobile VR goggle -- Scati ONE Neo, is displayed during Focalmax's product launch event held in Beijing on October 12, 2016. [Photo provided to chinadaily.com.cn]

"We think an 'all-in-one' product, which provides duo cameras and internet-connected solutions, will not only be a social tool, but also reserves business potentials in the distance education area or even enhances the combat capabilities of soldiers in the battlefield," said Lei Ming.

The company is also in talks with Google to deploy the latter's latest VR software platform – Daydream in its products.

Established in 2015, the company has over $30 million in registered capital and its headquarters occupies an area of over 100,000 square meters. It also has a multimedia exhibition hall, an IMAX center and an optical design lab.

Focalmax has a broad range of products that include projectors, head-up display (HUD), glasses-free 3D smartphones, sports DV, head-mounted VR displays and intelligent housekeeping robots.

According to the company, it has gathered more than 100 experts from the optical, internet and mobile communication industries. Over the past decade, these experts have dedicated themselves to consistently studying and exploring their respective fields and, consequently, have been awarded over 100 patents and seven copyrights.