Facebook Inc. (FB) on Wednesday announced a lighter, cheaper VR headset. The $299 Oculus Quest 2, due Oct. 13, can be ordered today, company Chief Executive Mark Zuckerberg said during a product event called Facebook Connect. (The current VR headset costs $399.) The new headset will offer crisper graphics and a single LCD, powered by Qualcomm Inc.'s (QCOM) Snapdragon chip. The headset comes as more Americans play and work from home. The market for VR headsets is expected to grow 46% in 2021, according to market researcher International Data Corp. Zuckerberg, who delivered the news via a live stream, added that Facebook is readying augmented-reality glasses for next year. Facebook is partnering with Luxottica Group, an Italian eyewear conglomerate.
-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
September 16, 2020 13:35 ET (17:35 GMT)
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