A tech company has said it will make its first virtual reality headset in Sydney in 2018.
The Oculus Rift VR headset is expected to cost about $1,200, a steep price tag compared to its Oculus Rift competitor, the HTC Vive.
It’s expected to compete with Sony’s PlayStation VR, which was launched in late 2018 and has already sold more than 12 million units worldwide.
The Australian market has not been a big part of Oculus’ expansion plans.
It has launched an Australian VR event called the Oculus VR Summit, but it hasn’t been clear whether Oculus will make an official announcement at the event.
“We’re very much focused on the US and Australia,” Oculus CEO Brendan Iribe told Reuters news agency.
“But I would also say Australia is a very large market.”
It’s an area where there are a lot of opportunities.
“There’s an incredible talent base in the US that’s going to continue to make a lot more money than we can ever imagine in Australia.”