Just a day after the company disclosed its poor Q4 2016 financials, HTC's CFO, Chia-lin Chang, confirmed the existence of an unannounced mobile VR product, a follow-up to the HTC Vive headset, which launched in April last year. The news came as part of an interview with CNET at an HTC U series launch event in Singapore.
de facto PC VR headset, both due to its good design and its main competitor Oculus' questionable business practices. The company is apparently willing to continue investing into the fresh technology, and will launch a new, mysterious VR device by the end of the year. Chang did not reveal much about it, but said that it will be compatible with the U series of phones. The company's plans about mobile VR, however are not just "a phone slapped onto a headset," but rather something else, though he did not elaborate any further.HTC has bet a lot on virtual reality in the past years, and it appears the effort is paying off – the HTC Vive has become the
Chang described HTC as "a VR company," which highlights what we should expect from it in the coming months. While the U smartphone series is launching soon, it will not be the sole focus for HTC, whose mobile business has been struggling for a few years now, a fact confirmed just yesterday by the company's quarterly financial report. VR has become much more important to HTC, who recently opened their in-house development studio for the platform, and this upcoming device is confirmed to be be tackling a different form factor than the Vive, further cementing the company's position in the market.