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Samsung made an announcement of a partnership with Qualcomm and Google.
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The partnership is for a new "XR" technology, which is an umbrella term for AR, VR, and MR.
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The new XR technology is expected to bring new hardware and software.
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This year, several VR headsets are being released including a new PlayStation VR headset, HTC Vive VR headset, Meta VR headset and a potential first-ever Apple VR headset.
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Samsung's partnership is expected to change the VR game.
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The launch event was vague with no specific details on the product or its arrival date.
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Google's Hiroshi Lockheimer and Qualcomm CEO Cristiano Amon promised new experiences with the new XR technology.
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Samsung and Google have a history in VR and AR.
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Qualcomm has a major presence in the VR and AR field.
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The partnership between Samsung and Google is reminiscent of their smartwatch partnership two years ago.