The document discusses the potential of virtual reality (VR) technology, highlighting its ability to create immersive experiences that redefine interaction through vivid visuals, accurate sound, and intuitive user interfaces. It emphasizes Qualcomm's role in advancing mobile VR by meeting the extreme requirements necessary for high-quality immersion, especially in portable formats. As technology and ecosystem factors align, the document predicts that mobile VR will significantly enhance various aspects of life, including play, learning, and communication.