Latency refers to the delay or amount of time it takes for something to happen or for information to travel from one place to another. It is essentially the time between an action and its corresponding response or result. Full definition
These goggles are able to offer 720p / 60 fps and close range 1080p / 30 fps viewing with an extremely low latency of just 110ms. (geekwrapped.com)
Having both local and cloud - based intelligence is important, because sometimes you need the sheer speed and low latency of the device that's in your hand — so for example the Kirin 970 can perform image recognition on an incredible 2,000 images per minute — and sometimes you need the heavy lifting that only the cloud can provide, such as when you're trying to identify the individual pieces you need to recover an image you've accidentally lost. (t3.com)
So far we've heard of complains with the controls (the analogue stick prevents precision inputs, reports Eurogamer) and also issues with latency in local multiplayer (four - player matches are borderline unplayable claims GamesRadar). (gamesasylum.com)