EssilorLuxottica: Meta Could get on Board. The Future is Seen in Smart Glasses!

According to media reports, the Meta Group is considering intensifying its cooperation with eyewear manufacturer EssilorLuxottica by taking a stake of up to 5%. After the second generation of the Ray-Ban Meta was significantly better received than its predecessor, the third generation is expected to be launched at the end of 2025. According to expert estimates, the market for smart glasses is growing by 20% per year and, despite its niche status, offers EssilorLuxottica the opportunity to be an early adopter of a new technology trend. ...