Connect with us

Hi, what are you looking for?

Thefreedomright – Investing and Stock NewsThefreedomright – Investing and Stock News

Editor's Pick

Meta and MediaTek chipset collaboration will move augmented reality industry forward, says GlobalData

Following the news that MediaTek and Meta Reality Labs have announced an exclusive partnership to develop custom chips for augmented reality (AR) glasses; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, comments:

“Meta and MediaTek’s partnership on co-developing augmented reality (AR) chipsets is a shot in the arm for the AR segment, showing the vital strategic position of AR in Meta’s path ahead. This is Meta’s second big collaboration with MediaTek, after the August 2023 announcement that Meta’s Llama 2-based AI Large Language Models (LLM) will be used in MediaTek’s processors for on-device AI.”

“Meta is bullish on AR, and smart glasses are widely expected to be the next frontier in tech hardware. Working with MediaTek will provide Meta with more control over implementing its AR vision using MediaTek’s silicon versus using chipset giant Qualcomm’s silicon. Meta has tried creating its own mixed reality (XR) system on chips (SoCs) in recent times, without much success, and is rightfully leaving hardware design to the experts.”

“Meta has been working with Qualcomm on all things XR. The entry of MediaTek, one of the foremost chipset companies and a major Qualcomm rival, brings more competition to this segment. Combined with the hoopla around Apple’s Vision Pro AR headset, added rivalry in AR hardware will move the industry forward, which is what this sector needs.”

The post Meta and MediaTek chipset collaboration will move augmented reality industry forward, says GlobalData appeared first on IoT Business News.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like


    A second delivery driver has died in Texas amid record-high temperatures, just as the regulation of workplace heat safety enters a new legal limbo...


    Vermont Sen. Bernie Sanders, 81, defended President Biden, 80, against voter critiques that he lacks the energy and vigor to continue leading the United...


    Political advisers to both President Biden and Vice President Harris were reportedly annoyed with Democrat California Gov. Gavin Newsom over a planned debate with...


    Former Vice President Mike Pence’s campaign slammed Vivek Ramaswamy for supposedly flip-flopping on the issue of Jan. 6 on Sunday, highlighting the fellow Republican...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2023