As competition intensifies in the global headset market, Meta and LG on Tuesday announced a partnership to double down on efforts in augmented reality (XR) ventures.
Meta has a rich history of producing both VR (virtual reality) and MR (mixed reality) products with its Meta Quest product line, with recent successes such as the Ray-Ban Meta smart glasses. Worth noting. Through this strategic partnership, both companies will leverage and integrate their strengths across a wide range of products, services and platforms.
This announcement follows a recent meeting between Meta CEO Mark Zuckerberg, LG CEO William Cho, and LG President Park Hyo-In-sei in Seoul, South Korea. It was done. During the meeting, management reportedly reviewed Meta’s cutting-edge technology, including Ray-Ban Meta smart glasses, the Meta Quest 3 headset, and Meta’s Large Language Model (LLM) suite.
“LG envisions that by combining Meta’s platform with unique content/service capabilities from its TV business, LG will be able to create a unique ecosystem in the XR space, one of its new business areas. ” said LG. “The combination of Meta’s diverse core technology elements and LG’s cutting-edge product and quality capabilities promises significant synergies in the development of next-generation XR devices.”
Interestingly, following Apple’s launch of the Vision Pro headset, Meta and LG have hinted at collaboration efforts to develop the next-generation Meta Quest Pro headset in order to be more competitive with Apple and others. There were previous reports that there were. First reported by South Korean newspaper Maeil Business, the publication hints that we could see an LG headset equipped with LG’s display, battery, and other LG Innotek components. . This potential high-end headset will likely be a Vision Pro competitor and is expected to be released in 2025, with an expected cost of over $2,000.
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Location: Seoul, South Korea
First published: February 29, 2024, 09:38 IST
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