COMPETITOR

Summary from the TLDR newsletter

A new report suggests that Meta has been working with LG to build a new VR headset. The partnership involves working with many LG subsidiaries, such as LG Electronics, LG Energy, LG Innotek, and LG Display. Meta appears to be interested in targeting both premium and entry-level segments. The headset will apparently launch in 2025 for a price of around $2,000. Meta will launch the Quest 3 around the same time for $499.