Haptics usually refer to a sense of touch and resistance. While a vibrating phone is a simple form of haptics, there is far more excitement around being able to feel digital objects or your hands getting actual push-back as you work in a digital world. The problem is these more complex forms of haptics usually require a fixed sturdy object or complex machinery to have any real sensation.
A story has been circulating about Miraisens, a high-tech firm based outside Tokyo that is working to commercialize a new haptics technology. The inventor Natsuo Koda is formerly a Sony researcher for virtual reality.
Boy does time fly! The Cyberith Virtualizer is in its last 48 hours of Kickstarter fundraising. The above is a Cyberith profile video done by SIGGRAPH highlighting this locomotion product in development.