Samsung Electronics Co. on Thursday showcased the 360 Round, a virtual reality (VR) camera equipped with 17 lenses.

The South Korean tech giant said the camera is optimized for livestreaming high-definition 3-D content, and also suitable for outdoor purposes as it is IP68 certified for resistance to both water and dust.

"The growth of 360 content platforms, such as Samsung VR, Facebook and YouTube, as well as the spread of 360 videos through major media, has increased the need for high-quality 360 videos among VR professionals and enthusiasts," Samsung said.

The 360 Round is the first product to meet these needs by combining high-quality, 360-degree imagery with advanced 3-D depth at a reasonable price compared to other professional 360 cameras, it added.

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