Earlier today VRFocus reported on the rumour that Taiwanese smartphone company HTC was preparing its very own virtual reality (VR) head-mounted display. As it turns out, that’s no longer a rumour; HTC has just announced that it is teaming up with none other than Valve to work on VR at its 2015 Mobile World Congress (MWC) press conference in Barcelona, Spain. The set is called HTC Vive and it is expected to launch in 2015.

The HTC Vive uses 70 sensors to deliver ‘room scale’ VR, allowing playing to walk around a room. It features a 90Hz refresh rate and uses wireless controllers. A developer kit for the device is due out in spring 2015 while the consumer product is expected to launch for Holiday 2015.

Valve will be showcasing is Steam VR tech next week at the Game Developers Conference (GDC) 2015. It’s not clear if this will be the same as HTC Vive or if new hardware will debut at the show.

HTC’s news isn’t all that VR fans are expecting out of MWC this week. Samsung is also hosting its Unpacked press conference at 17:30 GMT where it is hoped the company will unveil a new version of its Gear VR smartphone-based HMD, running with the Galaxy S6 smartphone. Of course, there will likely be even more VR products on display at MBW from 2nd – 5th March 2015.

VRFocus will continue to follow any and all VR HMDs, reporting back with any further updates on them.