Indonesian Metaverse company PT WIR Asia, TBK through one of its subsidiaries plans an initial projected investment of $20 million this year in the Philippines.
PT WIR Asia, TBK is a publicly listed company and one of the leading technology players in Augmented Reality (AR) technology integrated with Virtual Reality (VR), and Artificial Intelligence (AI). Its other businesses include AR&Co, a company providing solutions for brands; DAV, a platform provider for Internet of Things; Mind Stores, a virtual store network; and DM ID for brand & metaverse consulting.
TBK has opened its offices in the Philippines through the acquisition and investments of domestic Philippine companies.
The Indonesian tech company currently has five global patents for AR which are registered nationally as well as in the Patent Cooperation Treaty (PCT) which covers 153 countries.
WIR Group has completed more than a thousand projects, encompassing AR and VR application development and branding projects, for corporations from various industrial sectors located in more than 20 countries.
