As of Monday, Samsung’s virtual reality headset, the Gear VR, is available in the US through AT&T and the Samsung website for $199. The headset works by using the Samsung Galaxy Note 4 (if you have one. Otherwise, add another $800) as its display.
Gear VR was developed in conjunction with Oculus, incorporating the tracking sensor from the first Oculus Rift development kit and a custom ‘Oculus Home’ interface. It is light, cheap (if you already own a Note 4, that is), and, unlike the Oculus Rift, wireless.
Though more refined than the current Oculus Rift, the Gear VR is an ‘Innovator Edition’, rendering it little more than a beta model, so early adopters will be paying to be a glorified beta testers.
Source: The Verge