Will Facebook's Oculus Go Revive its VR Business?

Will Facebook's Oculus Go Revive its VR Business?

Facebook (NASDAQ: FB) recently introduced Oculus Go, a $199 VR headset, at its Oculus Connect 4 conference in San Jose. Unlike the Oculus Rift, the Go is a stand-alone wireless device that doesn't require a high-end PC. Users also don't need a high-end phone, as they do with Samsung's (NASDAQOTH: SSNLF) Gear VR and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Daydream View.

The Oculus Go comes with a single controller that looks similar to the Daydream View's. The headset uses a "fast-switch" WQHD LCD screen and spatial audio, and will be cross-compatible with Gear VR titles. Like the Daydream View, the Go is made from "breathable" fabric instead of plastic. Facebook didn't reveal any other hardware specs yet, but it stated that the development kits will start shipping next month.

The Oculus Go. Image source: Oculus.

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Source: Fool.com