Oculus VR founder and CEO Brendan Iribe says his company is not done with projects involving South Korean tech giant, Samsung. 

The announcement was made at the third annual Startup Nations summit in Seoul, where Iribe said Oculus is planning to work with Samsung to develop even more products in the future, according to CNET.

Specific details about upcoming products were not revealed.

The announcement follows two months after Samsung introduced its Gear VR headset at this year's International Franchise Association event, a device that Oculus helped to develop, Ubergizmo reported.

Iribe said the launch went "successfully," and Oculus is currently working on its own virtual reality headset, which goes by the name Rift.

Startups from South Korea and other countries compete in the Startup Nation Summit to win backing from huge tech companies like Google, Huawei and Hyundai Motor Company.

Iribe also said at his session that people who work for or are in charge of startups need to have a vision when creating their products, CNET reported.

"You need to be clear about your vision and make brave story-telling. Story needs to be developed continuously," he said.