With the smartphone industry stagnating in terms of revenue growth, tech companies are searching for that one magic formula that will get them back on the track of high growth rates experienced by the likes of Samsung, Xiaomi and others not so long ago. Enter virtual and augmented reality – the sector often tipped by industry insiders and market analysts to be the next big thing in consumer tech. That being the case, a lot of consumer electronics and technology companies have started throwing their hats in the ring in what is shaping up to be a really interesting battleground to capture the mind-space of tech enthusiasts worldwide. While some companies like Samsung have already been selling VR device for a few years now, others like Sony, HTC and Oculus are expected to launch their products at various times during this year.

While HTC's upcoming Vive virtual reality headset is scheduled to go on pre-order from the 29th of this month, it is now the turn of yet another Taiwanese tech company to announce that it too will try its hand at virtual reality. Acer Inc., a Taiwanese multinational hardware and electronics company operating out of New Taipei, is reportedly all geared up for the emerging virtual reality sector and is looking to introduce its own offering in the exiting new sector pretty soon. According to the company's CEO, Mr. Jason Chen, "Acer has been conducting research and development of VR technologies for a while… We are planning to introduce some new technologies to surprise everyone".


He, however was tightlipped when it came to revealing any further details and the only thing that he did let on was that Acer has been investing on its VR research for some time now, and will be introducing its product at some stage during the first half of this year itself. There was apparently nothing more said on the issue, so whether the upcoming Acer VR device will actually be available commercially during this quarter still remains a mystery, as does the final pricing and other important details. Some reports out of Taiwan, meanwhile seems to indicate that the initial prototypes of Acer's upcoming VR device could well be unveiled as early as the MWC trade show next week, although there's no official confirmation regarding the same.