Sony is ready with a new VR headset for its PlayStation and has planned to launch it in October. With this new headset, the company has gotten into good competition with Oculus Rift and HTC Vive.

At the GDC 2016, Sony unveiled its new VR headset. The most important achievement by the company is its plan of offering the headset at a lower price when compared to its rivals. The Sony PlayStation VR is said to be priced at $399, which is not so easy to implement considering its making cost.

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The incorporation of a technology which uses sunglasses to provide a display very close to the user's eyes, so the user is made to think that it is transported into another, costs a huge amount of money. HTC Vive is priced at $799 while Oculus Rift costs $599, which both requires huge and powerful PC builds. Having the said configurations can even cost up to 1000 dollars. So Sony has made an entry into the virtual reality market by introducing more than just a VR headset, for competing with the Oculus Rift.

It is not yet known if it includes the PlayStation camera with the $399 price tag. The PlayStation camera is required for playing and is currently available on Amazon for 45 dollars, which is not a major additional cost. The headset includes a motion-tracked DualShock controller which players can use, so the exclusion of the orb Move controller from the package is not a big loss. Though PlayStation VR does not provide a great image quality when compared to HTC or Oculus, at this price the compromise was unavoidable. The PlayStation VR is built to work with video games played in PlayStation 4, and is dubbed by those who experience it via demo as an excellent headset at an affordable price.

The CEO and President of Sony Computer Entertainment Andrew House said that "PlayStation is going to take charge to advance interactive entertainment's future, a new frontier for gaming."