Qualcomm taking bigger role in supplying Meta's AR projects -- report
Justin Sullivan
Meta Platforms (NASDAQ:META) is reportedly giving partner Qualcomm (NASDAQ:QCOM) a role in supplying chips for its future projects in the burgeoning area of augmented reality.
That comes as Meta has struggled with its own internal silicon development, noted The Information. Meta reversed plans to use its own chip in a yet-unreleased second version of its Ray-Bans branded smart glasses in favor of an off-the-shelf chip from Qualcomm (QCOM).
And Meta decided last year to use Qualcomm chips for a wireless, phone-like device it's building to accompany yet-unreleased AR glasses, according to the report, and it's considering swapping out custom chips in future glasses in favor of Qualcomm's as well.
Qualcomm already provides chips for Meta's virtual reality headsets, which have proved a market success. But with Apple (NASDAQ:AAPL) having recently announced its entry into mixed-reality headsets with a splash (and a heavy reliance on its own in-house chips), Meta's chip development struggles are more notable in comparison.
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