Since Nokia has gone out of the smartphone business after selling their smartphone business to Microsoft, they are back with yet another niche which is the virtual reality. Report says the compnay is ready to debut a virtual reality product on July 28.
The announcement reportedly will be about a virtual reality hardware product that the company hopes will compete against established VR and augmented reality devices such as Microsoft’s HoloLens, Facebook’s Oculus Rift and Google-backed Magic Leap.
Reports has been online for months that Nokia is coming up with new developments which includues some in imaging and virtual reality. Nokia would be competing with companies like Oculus VR, which was bought by Facebook earlier this year for $2 billion and whose first headset is due for release next year.