Samsung Currently Developing VR Headset, Says Reports

Remember the company Oculus that was working on virtual reality headsets and was later bought by Facebook? Well, it seems like more news have emerged in the VR department with Samsung becoming one of the newest companies said to be working on the technology.

According to reports, Samsung is currently working on a virtual reality headset that could be set to be announced later this year. A new report related to same states that unnamed developers have already made prototype versions of the headset, set to be powered by Samsung's Galaxy devices.

The VR headset, whose final consumer model will run on a next-generation Galaxy smartphone and/or tablet, is already rumored to arrive with an OLED screen. But, as expected, details related to the new tech is scarce.

Engadget, one of the first to break the news with an insider source confirming the same, states "it has an OLED screen, as good or better than in the second Rift dev kit," although "it's not clear how the headset connects to your phone/tablet, but we're guessing it's a wired connection rather than wireless."

The report also states that Samsung is planning to take out the competition by launching the product this year. And that too at a lesser expensive price than Oculus Rift and Sony's own Project Morpheus.

As expected, Samsung has refused to comment and said "Samsung doesn't comment on rumor and speculation."