HTC is working on a new kind of mobile VR headset

HTC is working on a new kind of mobile VR headset

HTC is working on a new kind of mobile VR headset

The company is still pinning its hopes on the success of its Vive virtual reality headset. It will still use a phone, but it may drop the form factor that many mobile VR headsets use. Chia-ling Chang which is the company's CEO announced that HTC is getting ready to launch a brand new mobile VR headset.

Chang did state, however, that the product would launch before the end of the year. The HTC Vive may be the best of its kind, but it's also the most expensive. One of its main features is its base station that contains the Lighthouse tracking system that allows users to plunge into room-scale VR. More importantly though, it will give HTC a more affordable VR solution for those who can not afford a headset like the HTC Vive, or the gaming PC required to run it.

HTC knows that in order to stay in business and go head-to-head with other big names in the industry it has to make some serious changes.

The reason why HTC wants to leave Vive behind and developed a mobile version of it is because Samsung's Gear VR has been overshadowing it quite hard.

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HTC posted NT$10.56 billion (US$343 million) in net loss for 2016, extending its net loss of NT$15.53 billion in the previous year.

Chang underscored that the new VR gadget would be an innovation on the VR concept, departing from the traditional headset model.

But the device won't be as simple as the Samsung Gear VR, which relies entirely upon the smartphone for computing purposes. Revenue slide by 13 percent to $720.7 million.

With the latest announcements and poor figures in smartphone sales for 2016, HTC might just be admitting to transitioning into a VR company and renouncing its struggling smartphone business.

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