Yes, that is correct. According to a report by UploadVR, Meta and LG are reportedly working together to develop a new virtual reality (VR) headset that will compete with Apple's upcoming Vision Pro headset.
The report claims that the new headset from Meta and LG will be called the "Meta Quest 4 Pro" and will be released in 2025. It is said to be a high-end headset with more powerful hardware than the current Meta Quest Pro. The headset is also expected to use Micro OLED displays from LG Display.
The report also claims that Meta and LG are working on a lower-cost VR headset that will be released in 2024. This headset is said to be aimed at the mass market and will be priced under $200.
Meta is reportedly investing heavily in VR as it sees the technology as a key part of its metaverse ambitions. The company has already released several VR headsets, including the Meta Quest 2, which is one of the most popular VR headsets on the market.
Apple is also reportedly investing heavily in VR and is expected to release its own VR headset, the Vision Pro, in 2023. The Vision Pro is said to be a high-end headset with more powerful hardware than the Meta Quest 2.
The competition between Meta and Apple in the VR market is likely to heat up in the coming years. Both companies are investing heavily in the technology and are expected to release new and improved VR headsets in the near future.
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