Samsung's Gear VR headset has been around for coming up to two years at this point and while it's already the top selling VR headset out there it would appear that the company is not resting on its laurels. We know that thanks to VR eye-tracking firm Visual Camp which spilled the beans on a new Samsung device labelled as 'Exynos VR III'.
Powered by a 10nm SoC with Mali G71 graphics which, as The Verge notes, sounds like Samsung's Exnos 9 Series, the headset is apparently powerful enough to run dual 'WQHD+' displays at 90Hz or a single 4K display at 75Hz. Outside of the procesing power, the headset has gaze and hand tracking along with facial expression recognition, though the former is the focal point of the Visual Camp press release.
Using a process called "foveated rendering", the headset track's the user's eyes to focus graphics only in the area that they are using. It sounds similar to a headset being developed by Varjo, a company being headed up by CEO Urho Konttori who was formerly of Nokia and Microsoft. Unlike the Varjo headset though, Samsung's standalone VR device will likely be more budget priced.
However, don't expect to see this anytime soon. Exynos VR III is a prototype name (presumably there were two versions before) so it's probably a way off from an official debut. Still, after HTC announced its own standalone VR headset it would not be a surprise to see Samsung, along with other companies in the VR space, to relase their own products. Hopefully we will see a potential Samsung headset – whether it's branded as Exynos, Gear VR or something entirely different – at IFA in September.