Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  KOREA EXCHANGE  >  Samsung Electronics Co Ltd    005930   KR7005930003

News SummaryMost relevantAll newsSector newsTweets

Samsung Electronics : to Build Odyssey VR Headset for Windows

share with twitter share with LinkedIn share with facebook
share via e-mail
10/03/2017 | 08:15pm CEST
By Jay Greene 

SAN FRANCISCO -- Microsoft Corp. enlisted one of the world's largest consumer electronics makers, Samsung Electronics Co., as it works to crack the emerging virtual-reality market.

At an event here Tuesday hosted by Microsoft, Samsung will introduce HMD Odyssey, a virtual-reality headset that uses Microsoft's Windows Mixed Reality, a piece of Windows 10 that enables immersive computing through headsets and other devices.

Samsung joins Acer Inc., Dell Inc., HP Inc. and Lenovo Group Ltd. in building headsets on top of the Windows platform. The devices all use virtual-reality technology, which occludes users view of the real world and immerses them in digitally generated sights and sounds.

Samsung is an important partner for Microsoft, which is ramping up in the virtual- and augmented-reality markets where it will compete against Apple Inc., Alphabet Inc.'s Google, Facebook Inc. and others. Samsung is already a leader in virtual reality with its Gear VR device that runs Facebook's Oculus technology.

In a blog post from Microsoft, Samsung Electronics America vice president and general manager Alanna Cotton said the company "is committed to working across platforms."

The Odyssey, which comes with two controllers, features sharp OLED displays, rather than the LCD displays used on lower-priced headsets. It includes headphones and a built-in microphone, and can be preordered for $499 on Oct. 3. It will be available Nov. 6.

Headsets from Microsoft's four other partners, which the company had previously said would start at $399, can also be preordered Oct. 3, and will be available Oct. 17.

Microsoft is trying to build an entire technology ecosystem for virtual and augmented reality, and put itself at the center. It was among the first to jump into the business, introducing its HoloLens augmented-reality headset nearly three years ago, though the device isn't commercially available yet.

Windows Mixed Reality, part of the Windows 10 operating system, aims to serve as the technical underpinnings for both VR devices and augmented-reality devices such as the HoloLens, which overlays digital elements onto a person's view of the real world.

It is a market analysts believe is set to explode. Market-research firm International Data Corp. forecasts sales of 13.7 million virtual- and augmented-reality headsets this year, and expects that to jump to 81.2 million units by 2021, a compounded annual growth rate of 56%.

Microsoft will vie with Apple, which is nudging developers to create applications for its augmented-reality development platform, ARKit. Google, too, is in the augmented-reality market with its ARCore, a tool to help developers on its Android mobile-device platform create augmented-reality apps.

Microsoft is also working to add gaming content to its ecosystem, and in August announced a deal to bring games from Valve Corp.'s popular Steam business to Windows virtual- and augmented-reality devices. At the media event on Oct. 3, Microsoft plans to give game developers access to technology that will help them build holographic games in Steam.

Write to Jay Greene at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
12:49a SAMSUNG ELECTRONICS : and Apple's years-long legal dispute over patents is getti..
12:17a FACEBOOK : Most Popular Brand among UAE Millennials
10/23 SAMSUNG ELECTRONICS : These Galaxy S8 and Note 8 accessories allow you to make t..
10/23 BEST PHONE IN THE US FOR 2017 : the 10 top smartphones we've tested
10/23 Retailer offering up to $250 discount on Samsung Galaxy S8/S8+ and Note8
10/22 SAMSUNG ELECTRONICS : The Samsung Galaxy Tab Active 2 is official
10/22 XIAOMI TO UNVEIL REDMI NOTE 5 WITH 1 : 9 display soon
10/21 SAMSUNG ELECTRONICS : Crown Audio files notice of first half of layoffs
10/21 SAMSUNG ELECTRONICS : Advances Mobility for Global Workforce With Enhanced Galax..
More news
News from SeekingAlpha
10/23 Can Apple's Loss Become Google's Gain?
10/23 Micron Buy Supported By Microeconomic Analysis And Game Theory
10/23 U.S. judge orders new trial to decide how much Samsung owes Apple
10/22 APPLE : You've Got This All Wrong
10/20 Apple's Problem Is That It Needs To Stop Trying To Upstage Samsung
Financials ( KRW)
Sales 2017 241 634 B
EBIT 2017 54 239 B
Net income 2017 40 671 B
Finance 2017 63 130 B
Yield 2017 1,28%
P/E ratio 2017 9,08
P/E ratio 2018 7,81
EV / Sales 2017 1,35x
EV / Sales 2018 1,12x
Capitalization 388 771 B
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 3 196 765  KRW
Spread / Average Target 19%
EPS Revisions
Boo-Keun Yoon Co-President, Co-CEO & Director
Jong-Kyun Shin Co-President, Co-CEO & Director
Oh-Hyun Kwon Co-Chief Executive Officer & Director
Jae-Yong Lee Director
In-Ho Lee Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
FIH MOBILE LTD0.00%2 518
HTC CORP--.--%1 914
FITBIT INC-16.39%1 426
VUZIX CORP-24.26%106