First 360-degree smartphone VR camera unveiled at Computex

The camera fits in the palm and can be attached magnetically to any smartphone.

The camera fits in the palm and can be attached magnetically to any smartphone.

You may not require costly equipment to shoot a video in 360-degree as the world's first 360-degree live virtual reality (VR) streaming camera for smartphones is here.

Taiwanese computer hardware company Quanta Computer and Canadian video production service ImmerVision on Tuesday announced the 360-degree live VR streaming camera at the "Computex 2016" trade show in Taipei.

The camera fits in the palm and can be attached magnetically to any smartphone.

It comes with a 360X187 degree lens and uses a Sony Exmor-HDR imaging sensor to produce 16MP panoramic images, Forbes reported.

The device also includes a microphone and a USB port and will allow live streaming of panoramic video via Wi-Fi or saving directly to its built-in storage.

The camera can also operate in stand-alone mode and can be attached to objects like clothes, vehicles or drones.