The new Samsung Gear VR headset comes with expanded phone compatibility at an affordable price

While Samsung Gear VR headsets have been around for a while now, these were enthusiast's devices that Samsung sold as part of its Innovator Edition series. The new version is the first one that drops the Innovator Edition tagline, which is probably Samsung's way of hinting that its Gear VR headsets are ready for prime time.
Although the extended phone compatibility will certainly help with user adoption, it's the pricing of the product that most users will be drawn to. While the old Innovator Edition headsets were priced at $199, the new Samsung Gear VR will only cost $99.
Just like with all previous Gear VR headsets, we're looking at a collaboration between Samsung and Oculus. Unlike the full-blown Oculus Rift, however, which will launch in early 2016 as a wired VR headset that connects to your computer, the Samsung Gear VR are wireless products. Users just have to slot in a compatible Samsung Galaxy smartphone, equip the headset, and the virtual reality experience can commence.
If you're tempted, you'll be glad to know that the Samsung Gear VR will land alongside a slew of new gaming titles. The Oculus Store was already populated by a range of "made-for-VR games" such as Land's End, Bandit Six: Salvo, and Dead Secret, while titles such as Gunjack and Anshar Wars 2 are slated for an impending launch.
source: Oculus