LG Is Making A ‘Next-Gen’ VR HMD, Details At 11

LG made a non-announcement announcement concerning a new “next-gen” VR HMD it’s developing. The announcement, in full, is below:

LG Electronics will unveil its first VR HMD prototype at this year's GDC in San Francisco, CA. Being shown in Valve's GDC booth, the LG HMD prototype is designed to deliver a high fidelity, next generation VR experience.During the show, LG will be meeting with developers to collect feedback and impressions as part of its effort to define the first commercial units. Pricing, launch dates, and territories will be announced at a later date.

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Seth Colaner previously served as News Director at Tom's Hardware. He covered technology news, focusing on keyboards, virtual reality, and wearables.

  • John Nemesh
    Apparently, LG is licensing the tech from Valve! So expect a REAL competitor to the HTC Vive when it ships!
    Reply
  • zambutu
    This is what we need to keep the advancements coming and the prices down. The Vive and Rift need a price drop and we should be hearing about gen 2 by now, or at least a 1.5 update.
    Reply
  • hannibal
    The problem is that next gen is even more expensive than gen1... so there is not market to them yet.
    Reply
  • metathias
    Gen1 is way overpriced. Cost of production is less than half of what either HTC, or Oculus is charging. Their raking in the money right now. More competition is desirable.
    Reply
  • zambutu
    19361374 said:
    Gen1 is way overpriced. Cost of production is less than half of what either HTC, or Oculus is charging. Their raking in the money right now. More competition is desirable.

    I don't know what the production costs were, but i'm sure they are less now. But still, they have to pay for all that R&D out of the markup. Even if they sold them for 100$ they'd still be losing money for years to come.

    Reply
  • zambutu
    19361374 said:
    Gen1 is way overpriced. Cost of production is less than half of what either HTC, or Oculus is charging. Their raking in the money right now. More competition is desirable.

    And Bam..there's the big Oculus price drop

    Reply
  • bit_user
    19365642 said:
    And Bam..there's the big Oculus price drop
    Maybe they're just trying to dump their inventory, in case Zenimax's injunction is sustained.
    Reply
  • zambutu
    19366750 said:
    19365642 said:
    And Bam..there's the big Oculus price drop
    Maybe they're just trying to dump their inventory, in case Zenimax's injunction is sustained.

    It may be so, but I doubt it. I think this is how they're trying to cut through all their past controversy and miss steps, and try to get their dwindling foothold back in the market place.

    Reply
  • bit_user
    19366965 said:
    It may be so, but I doubt it. I think this is how they're trying to cut through all their past controversy and miss steps, and try to get their dwindling foothold back in the market place.
    I hope so. I'd be really sad if Zenimax manages to single-handedly derail the VR revolution.
    Reply