HTC Vive, the virtual reality headset from HTC, is expected to release before this year’s end, although in limited quantities, CNET reported. The headset, to be released globally early next year, was developed in conjunction with Valve, the creator of popular games like Portal and Half-Life.
While interacting with journalists at the TechCrunch Beijing Summit, HTC chief content officer Phil Chen said that VR headsets will take another 3 to 5 before the technology becomes mainstream. He expects a billion VR headset devices to be sold in the next seven or eight years, as reported by CNET.
"It will take some time for it to go to the masses," CNET quoted Chen. He suggested that the device needs to be improved and adequate content produced.
However, Chen did not reveal as to how many units of the Vive headset will be released next year and also remained muted with regard to its price, but said the company wishes to make the device available worldwide, and has been in talks with prospective content partners across the world.
According to the official website, HTC and Valve are already working with a wide range of partners who are building phenomenal Vive experiences, including Google, HBO, Lionsgate, Vertigo Games and many others. At present, most of the content partners are located in Western countries, but Vive team has also started becoming active in Asia, he said.


Alphabet’s SpaceX Investment Soars 100-Fold to $94 Billion
Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears
Micron Stock Upgraded to Buy as New Street Sees $2 Trillion Valuation Potential
Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center
Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan
LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories
OpenAI Restricts Astra AI Over Cyberattack Risks
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch
Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO
OpenAI Executive Brad Lightcap to Leave for New AI Venture
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants
Alphabet Shifts AI Strategy Toward Commercial Growth, Goldman Sachs Says
U.S. Pressures Nations to Choose Sides in AI Race
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors
Samsung, SK Hynix Shares Surge on Report of Potential Temasek Investment
Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover 



