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HTC confirms mobile VR product coming before end of year

16 February, 2017, 00:59 | Author: Jan Cross
  • HTC's mobile VR solution said to be coming before the end of the year

HTC's next virtual reality gadget will be specifically geared towards people on the move.

"Vive is very top end, and in the coming months you'll see our plans in terms of mobility and VR, and it's not a phone slapped onto a headset", Chang told CNET.

"We have a good plan in terms of combining mobility with VR", said HTC Chief Financial Officer Chia-lin Chang in an interview first spotted here. "It'd be a different thing".

Overall revenue for the time period came in at NT$22.2 billion ($720.7 million) for the quarter, which is a big 13-percent drop from the same period a year ago.

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"We have learnt much from our entrance into the world of virtual reality, and we believe that... our HTC VIVE is at the forefront of that market", said chairwoman and CEO Cher Wang in a statement. HTC recorded a loss of NT$3.6 billion ($116.8 million) for the quarter. However, HTC's offering won't be a simple case of slapping a smartphone into a headset, instead it will be a new spin on the mobile VR concept, which we will be seeing later this year.

The executive then reminded the publication that HTC should definitely be considered a virtual reality company. With a high-end VR headset already available, HTC seems primed to try to steal market share at the lower end of the market.

The new device would likely compete with the Samsung Gear VR as well as the Google Daydream View.

HTC's best-known foray into VR is the Vive headset, but it has previously shown signs of interest in mobile VR as well. However, whether or not this will end up turning around HTC's bottom line remains to be seen, after all, the company has still been unable to turn a profit in the last quarter, despite VR's boost.

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