Newly developed technology by Displaylink, permits users to cut the wires on virtual reality head mounted displays. The new product was featured at the CES in January and again at the E3 Expo in June of 2017. We tested the wireless feature and there is no noticeable latency during game play. Displaylink the mfg plans to sell directly to the HMD (head mounted display) manufacturers, not to the public. So look for this to be either an upgrade to existing systems sold by your favorite VR maker, or an upgrade that replaces your old HMD completely. No matter what, it opens the door to more great VR experiences. Wires are a reminder to our brains when using VR that we are still here on Earth. When we cut the wires, people can completely forget where they are.
See one of the many stories written about this new technology here: http://engt.co/2sLM5Es