Mark Zuckerberg with the LG management in Seoul, Korea. (Image: LG)
Meta and LG have introduced a collaboration to develop subsequent-era Extended Reality experiences transferring ahead. Here’s what it means.
In the midst of escalating competitors within the international headset market, Meta and LG revealed their collaboration on Tuesday to double down on their efforts in prolonged actuality (XR) ventures.
It’s value noting that Meta has a wealthy historical past of manufacturing each VR (digital actuality) and MR (combined-actuality) merchandise underneath its Meta Quest product line, with current successes such because the Ray-Ban Meta good glasses. With this strategic partnership, each corporations intend to leverage and combine their strengths throughout a spread of merchandise, providers, and platforms.
This announcement follows a current assembly between Meta CEO Mark Zuckerberg, LG CEO William Cho, and LG President Park Hyoing-sei in Seoul, Korea. During this assembly, prime administration reportedly explored Meta’s chopping-edge expertise, together with the Ray-Ban Meta good glasses, Meta Quest 3 headset, and Meta’s suite of Large Language Models (LLMs).
“LG envisions that by bringing together Meta’s platform with its own content/service capabilities from its TV business, a distinctive ecosystem can be forged in the XR domain, which is one of the company’s new business areas,” LG stated. It added that the “fusion of Meta’s diverse core technological elements with LG’s cutting-edge product and quality capabilities promises significant synergies in next-gen XR device development.”
It is attention-grabbing to notice that earlier studies have hinted Meta and LG’s collaborative efforts in growing the subsequent era Meta Quest Pro headset to raised compete with the likes of Apple, now that it has launched its Vision Pro headset. Initially reported by the South Korean newspaper Maeil Business, the publication suggests the opportunity of witnessing an LG-manufactured headset that includes LG shows, batteries, and different LG Innotek parts. This potential excessive-finish headset, and maybe a competitor to the Vision Pro, is predicted to launch in 2025, with an anticipated price exceeding $2,000.
