At last year's MWC, LG revealed it's own mobile-powered virtual reality headset in the hopes that people would go out and buy a G5 to use it with. They didn't, partly because the 360 VR was a pile of rubbish. This year LG is throwing its hat back into the VR ring, but this time it's going all out thanks to a little bit of help from Valve.
Upload VR is reporting that LG will be unveiling a prototype head-mounted VR headset designed at San Francisco's Game Developer's Conference later this week. It's designed to work with Steam VR, and patrons will be able to test the headset and provide feedback that will have an impact on the final, commercial product.
Valve also told Upload VR that the new headset will offer a “high fidelity, next generation VR experience.” While it wasn't directly confirmed that the headset would require a PC, rather than using a mobile device, it seems more than likely given the fact that it works with Steam VR. Unfortunately we don't know anything about the headset's specs, or what sort of system it will use, though I'd wager it won't be too dissimilar from the HTC's Vive and the Oculus Rift.
The HTC Vive is currently the only headset to require Steam VR, though Steam itself is compatible with the Oculus Rift. That means LG is set to join a pretty exclusive club, even if it probably won't be that way for very long. Microsoft is actively working on virtual reality headsets running Microsoft Holographic, and 500 companies have signed onto work with Valve's Lighthouse tracking technology. Not all of them are going to be working on headsets, but one (or even) two more is enough to shake up the market at this early stage.