HTC Vive VR headset opens for preorders on February 29

With some still reeling from the news that Oculus Rift — the virtual reality (VR) headset from Facebook-owned Oculus — will cost a whopping $600, HTC is reminding us all that it, too, is about to launch a VR headset.

The Taiwanese electronics giant, famous for its smartphones, will open preorders for its Vive headset on February 29, the company’s CEO revealed to the Telegraph. With Oculus setting the benchmark for VR headset pricing, to some degree, many are curious to see where HTC will price the Vive. The company has yet to reveal that information, but we can assume it won’t be cheap.