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HTC mulls spinning off Vive VR business into separate company

Regardless of how HTC shareholders may have felt about the rumor that the company would be spinning off the VR business, HTC has officially quashed the rumor before it had too much time to build up. Furthermore, the price tag of the HTC Vive will probably be higher than that of Oculus Rift because of its high-end features and specs. We also spotted a third listing that shows a price point of 495€. “There are a lot of mainstream devices in that price-range, so as you have said, our failing was in communication, not just price”.

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In the past, Sony has made comments about the PSVR’s price, stating that it will be similar to that of a new console.

Samsung has already launched its second-generation Gear VR device, priced at $99.99 globally along with a handheld controller, the rink, supporting the Gear VR by enriching its functionality.

The Rift has the advantage as it supports Windows 10 and the Xbox.

Chinese tech giant HTC has denied claims that it will spin off its virtual reality (VR) unit into a separate business.

Soon a couple of hours after this, HTC took to a press release to stem the rumors about any independent VR company being set up.

Virtual Reality is all the rage right now, and pricing for the systems is also causing more than a little concern among consumers.

Virtual reality is expected to be a huge growth sector in 2016 and early reviews of the Vive are promising.

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The Oculus Rift was recently confirmed to start at $600, and that’s without taking into account shipping and local taxes and import duty.

HTC Squashes Rumor About Standalone VR Company