An anonymous reader writes "Engadget reports that Samsung is working on virtual reality technology to compete with the Oculus Rift. Their work is fairly far along, and it's expected to be announced this year. It's being built to function in tandem with Samsung's flagship mobile devices, most likely their upcoming Galaxy phones and tablets. From the article: 'We're told it has an OLED screen, as good or better than in the second Rift dev kit; it's not clear how the headset connects to your phone/tablet, but we're guessing it's a wired connection rather than wireless. ...This is a device meant for use with games. What type of games? Android games! Sure, but which ones? That's certainly the question. Great games make the platform, and VR games are especially tough to crack given the newness of the medium. One thing's for sure: most major games won't work on VR as direct ports.' The report also suggests Samsung is targeting a lower price point than its competitors. True or not, it will hopefully help drive down prices for all upcoming VR tech." Meanwhile, DARPA is experimenting with the Oculus Rift for cyberwar visualization.