Project Morpheus now 85% complete

Yoshida reveals work on VR device is well underway.

According to an interview with the Sony Computer Entertainment boss Shuhei Yoshida in The Wall Street Journal, Sony's upcoming VR unit, Project Morpheus, is about 85% complete.

Yoshida also says that they are keeping the costs down by using a lot of regular smartphone components (something they have plenty of thanks to their pre-existing interest in this particular market).

Project Morpheus' main competitor will be the Facebook-owned Oculus Rift, which seems to be priced somewhere between $200 and $400. The launch for both units is rumoured to be coming sometime next year.

Thanks VG247