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Nokia's virtual reality product will be the birthchild of Nokia Technologies, which is the same division that designs the Foxconn-made Nokia N1 tablet. Nokia Technologies has also recently announced that it will start selling smartphone designs starting with 2016, and the division is also involved in a range of software projects, such as the predictive Nokia Z Android app launcher. 

 

I hope there wont be numerous standards destroying the market...

 

Source: https://recode.net/2015/07/21/nokia-plans-to-debut-virtual-reality-product-next-week/

http://www.phonearena.com/news/Nokia-rumored-to-unveil-a-virtual-reality-headset-next-week_id71779

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I hope there wont be numerous standards destroying the market...

Already too late for that. I doubt it will be easy to support all these different headsets from different companies. Hell, a lot of companies still have trouble releasing a game with a satisfactory experience, so I really have no faith that they will allow a satisfactory experience on VR headsets. We're already having trouble with 2 GPU companies in the market. How do you expect people to handle this many VR companies...

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