Let’s understand the Bill of Materials and the Cost for Meta Quest Pro. The bill of materials cost for Meta Quest Pro refers to the total cost of all the components used in the production of the headset. This includes the cost of the display, processors, sensors, batteries, and other components used to make the final quest pro headset.
To produce the Meta Quest Pro, the manufacturer has to source the highest quality components, often at a premium price. This is because the components used in the headset must meet strict specifications to ensure that the headset delivers a seamless VR experience. As per the consumers side they always need something that can provide the best experience and provide value for money.
The Meta Quest Pro was released in October 2022 for $1,500. Following poor demand, Meta cut the device’s price to $1,000 in early March.
Factors Affecting the Bill of Materials Cost for Meta Quest Pro
The cost of the components used in the Meta Quest Pro headset is affected by several factors. These include the standards mentioned:
- Quality of Components Used: As mentioned earlier, the manufacturer of the headset must use high-quality components to ensure that the headset delivers a seamless VR experience.
- The volume of Production: The cost of producing the Meta Quest Pro headset is also influenced by the volume of production. Manufacturing a large volume of headsets allows the manufacturer to negotiate better prices for components, reducing the overall bill of materials cost.
- Currency Exchange Rates: The cost of components used in the Meta Quest Pro headset is often influenced by currency exchange rates. fluctuation in currency exchange rates can increase or decrease the cost of components used in the VR headset, affecting the overall cost of materials.
- Country: the cost can also vary per the countries in some countries like china the labor rate is a bit low as compared to the USA.
Other than all these factors here is what left mentioned below
US manufacturing of components makes Quest Pro more expensive
Around 30% of the material used in making Quest 2 and around 34% of Meta Quest Pro came directly from the United States which is more costly as compared to china but the quality is better. And around 35% to 38% are unidentified.
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In conclusion, the Meta Quest Pro headset is a high-end VR headset that promises an immersive VR experience for users. The bill of materials cost for the headset is influenced by various factors such as the quality of components used, the volume of production, and currency exchange rates.