Report: Oculus Rift CV1's Launch Delayed To August Due To Shortage Of Parts

According to a report by

Oculus Rift store

confirms DigiTimes' report and shows an estimated ship date of August, 2016. DigiTimes, citing its "sources," said that there is a shortage of the customized Fresnel lenses. The report added that a "sophisticated" design for the lenses and an "unsmooth manufacturing process" at Facebook's supplier resulted in a low yield rate of Fresnel lenses. In addition, the issue is "unlikely to be solved promptly." DigiTimes added that the display and chassis of the VR device itself may have to be re-designed. Despite the report, shares of Facebook were trading higher by 0.51 percent ahead of Thursday's opening bell.