New Chip Brings VR Audio to Any Headphone

Waves Audio, developer of audio processing technologies, today announced an integrated circuit said to enable any device to “faithfully reproduce” 5.1 and 7.1 surround and virtual reality (VR) audio content over ordinary stereo headphones.

from
http://www.soundandvision.com/content/new-chip-brings-vr-audio-any-headphone