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Meta partners up with LG to ‘expedite its extended reality ventures’
Meta and LG have teamed up to “expedite” the former’s extended reality (XR) business. Neither company has said exactly what the partnership would entail, but it could have to do with LG’s displays.
LG says the ultimate goal of the partnership is “to combine the strengths of both companies across products, content, services and platforms to drive innovation in customer experiences within the burgeoning virtual space.” During this visit, LG CEO William Cho tried out the Quest 3 and the recently-released Ray-Ban Meta smart glasses. This news follows LG creating a dedicated XR business unit last year, which was founded to “accelerate the pursuit of new ventures in the virtual space arena.” This led to rumors that the company was planning to launch its own VR/XR headset, which could still happen.
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