Qualcomm just announced plans for its upcoming XR1 "extended reality" platform that would make it simpler for companies to create more accessible portable VR headsets. On this platform, companies like Facebook would be able to craft VR headsets perfect for taking on the go, rather than remaining mired to a cord at home with a bunch of other connections as well.
Facebook did this with the portable Oculus Go headset, but there are other companies looking to match what this particular product can do, as the Oculus Rift and HTC Vive require you to purchase powerful PCs to help run them. XR1 would change the rules, as it's designed just for VR and AR, allowing some of the same features and opening them up to headsets that would have typically required the usage of a PC to fully utilize.
The platform will likely work with any of Qualcomm's partners, especially those that are already at work on creating smartphones with Qualcomm's chips. The bottom line is that this invention would be beneficial for all parties, especially since one of VR's biggest hurdles right now is how inaccessible it is to anyone who can't afford a larger PC rig or setup that allows them to utilize the VR space.
It remains to be seen what'll happen as Qualcomm introduces the platform, but it should make for some pretty hot competition going forward.