LG's play for virtual reality will cost you a couple hundred dollars, according to an early listing at B&H Photo. The LG 360 VR is listed at $199, same as the LG 360 CAM handheld 360-degree camera. The two work in concert with the LG G5 as part of the "Friends" ecosystem of products.
And the 360 VR goggles themselves are powered by the G5, plugging in via USB-C. The phone then powers what you're seeing, which essentially is a better version of Google Cardboard. It's more 360-degree viewing that it is true VR. But it's also done in a smaller faceprint than the likes of Samsung's Gear VR, which straps the goggles and phone to your face. LG splits things up via the USB-C cable, making it more lightweight (and arguably less weird-looking). It's also not as light-tight and immersive, however.
LG has worked with Google on the 360 CAM, which should be excellent for Street View content, as well as running all the current Google Cardboard apps.
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