The Oculus Rift is a VR HMD being developed by Oculus VR. The high profile company raised $16 million (partly by crowdfunding) and already offer "development kits" HMDs. Their consumer version (Oculus CV) will hopefully be released in 2014 and will feature improved components, for example a Full-HD display. The current versions use LCD displays (7" in size, although early prototypes used 5.6").
Oculus VR development edition
Yesterday, at Oculus' development forums, a new discussion suggested that Oculus aims to adopt an OLED display in the Oculus CV. They quote Oculus CEO Brandon Iribe as saying that the need a much faster display than the current one, and that OLED was the technology that could achieve that.
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