Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
SK Telecom previously revealed its comprehensive plans to expand its VR business and ecosystem. As part of this expansion, South Korea's largest wireless telecommunications operator announced that it will be rolling out Facebook’s newest virtual reality device called the Oculus Quest 2.
SKT and FB’s partnership
As per, The Korea Herald, SK Telecom is hoping to further grow its VR market in South Korea, and the introduction of Facebook’s Oculus VR gadget to the locals is a good move at the start of this year.
The telecom company is set to launch the said virtual reality device this week, probably on Tuesday, Feb. 2. The release is an extension of SK Telecom’s partnership with Mark Zuckerberg’s social media company that was signed in 2019. Last year, SKT sold FB’s Oculus Go VR, and it was well-received.
The Oculus Quest 2 that SK Telecoms is introducing will offer about 200 VR games. The gadget’s improved performance was made possible with the use of Qualcomm Technologies Inc.'s XR2 chipset.
Facebook’s VR will also be supporting games that were co-developed by SK Telecom, such as the "Crazy World VR." Surely, It will also support the South Korean company’s Jump VR platform, but this will be available in the second half of 2021.
In any case, the Oculus Quest 2 will be sold for the price of KRW414,000 or $370. The consumers can buy it at SK Telecom's retail stores and will also be available online
SKT 5G-based VR service
SK Telecom is able to release this new virtual reality device after it started focusing on the development of VR technology since it unveiled its own high-speed 5G network in 2019. As per S&P Global Market Intelligence, the company rolled out its 5G-based service called the Virtual Social World for a deeper development of its VR business and ecosystem.
Finally, SKT is planning to offer more new services, and the release of Facebook’s Ocular VR in South Korea is part of this. The firm is also introducing more learning apps where virtual reality technology is applied. For instance, Speakit is a VR-based learning app that teaches Koreans the English language.
