Nintendo strengthens its position in VR market by launching low-priced headset

Posted by MarketsandMarkets on Apr 29, 2019 4:11:42 PM

Nintendo, a Japanese multinational video game and consumer electronics company, is one of the largest video game companies. After the company failed to make an impact in the virtual reality (VR) industry with the launch of Virtual Boy, a 32-bit table-top video game console, in 1995, Nintendo reignited research into virtual reality and released the Labo VR kit on April 12, 2019. The Labo VR kit is a build-it-yourself set of cardboard goggles and controllers. With this product launch, Nintendo aims to strengthen its position in the VR market and enhance its gaming lineup.

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Topics: Semiconductor and Electronics, virtual reality market, augmented reality market

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