Sony’s PlayStation VR (PS VR) immediately achieved sold-out status following its release on October 13. The event signaled the start of a new round of competition in the global VR device market in the fourth quarter of 2016. “Demand for VR devices will remain quite strong in the next two years,” said Jason Tsai, wearable device analyst for TrendForce. “Conversely, product shipments will not keep pace with the demand. Shortages of key components, particularly OLED panels, will prevent device makers from putting more products on the shelves.”
