HTC VP Weighs In On VR’s Biggest Rivalry: “Oculus Is Not Our Competition”
Raymond Pao is the Vice President for new technologies at HTC. A longtime manufacturer of cell phones, smart phones, and other electronic devices, HTC recently branched out into a brand new territory through the release of its HTC Vive virtual reality headset. The Vive is a $799 piece of hardware that also requires a very powerful personal computer to function. That is a lot to stomach for the average consumer and the limited marketplace of interested VR customers is further segmented for HTC by the presence of another company offering a similarly powerful $599 VR headset: Facebook’s Oculus.
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