Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom 
Puma’s Historic Rivalry With Adidas Enters a New Era as Anta Deal Signals Turnaround Push 
OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs 
ASML’s EUV Lithography Machines Power Europe’s Most Valuable Tech Company 
Tesla Q4 Earnings Beat Expectations as Company Accelerates Shift Toward AI and Robotics 
Climate Adaptation at Home: How Irrigreen Makes Conservation Effortless 
CSPC Pharma and AstraZeneca Forge Multibillion-Dollar Partnership to Develop Long-Acting Peptide Drugs 
Chinalco and Rio Tinto Acquire Controlling Stake in Brazil’s CBA for $903 Million 
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
Elon Musk Reportedly Eyes June 2026 SpaceX IPO Timed With Planetary Alignment and Birthday 
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns 
Woodside Energy Flags Lower 2026 Production Outlook Despite Strong Q4 Revenue Beat 
Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High 
First Abu Dhabi Bank Reports 22% Jump in Q4 Profit, Beats Market Expectations 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates 
SK Telecom previously revealed its comprehensive plans to expand its VR business and ecosystem. As part of this expansion, South Korea's largest wireless telecommunications operator announced that it will be rolling out Facebook’s newest virtual reality device called the Oculus Quest 2.
SKT and FB’s partnership
As per, The Korea Herald, SK Telecom is hoping to further grow its VR market in South Korea, and the introduction of Facebook’s Oculus VR gadget to the locals is a good move at the start of this year.
The telecom company is set to launch the said virtual reality device this week, probably on Tuesday, Feb. 2. The release is an extension of SK Telecom’s partnership with Mark Zuckerberg’s social media company that was signed in 2019. Last year, SKT sold FB’s Oculus Go VR, and it was well-received.
The Oculus Quest 2 that SK Telecoms is introducing will offer about 200 VR games. The gadget’s improved performance was made possible with the use of Qualcomm Technologies Inc.'s XR2 chipset.
Facebook’s VR will also be supporting games that were co-developed by SK Telecom, such as the "Crazy World VR." Surely, It will also support the South Korean company’s Jump VR platform, but this will be available in the second half of 2021.
In any case, the Oculus Quest 2 will be sold for the price of KRW414,000 or $370. The consumers can buy it at SK Telecom's retail stores and will also be available online
SKT 5G-based VR service
SK Telecom is able to release this new virtual reality device after it started focusing on the development of VR technology since it unveiled its own high-speed 5G network in 2019. As per S&P Global Market Intelligence, the company rolled out its 5G-based service called the Virtual Social World for a deeper development of its VR business and ecosystem.
Finally, SKT is planning to offer more new services, and the release of Facebook’s Ocular VR in South Korea is part of this. The firm is also introducing more learning apps where virtual reality technology is applied. For instance, Speakit is a VR-based learning app that teaches Koreans the English language.
