EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology

June 16 (Reuters) - EssilorLuxottica, ‌the world's ​largest ​eyewear maker, has signed a long-term deal with chipmaking equipment ‌company Applied Materials to develop augmented reality ⁠display technology and AI glasses, the companies said ‌on Tuesday.

Here are ‌some details:

• EssilorLuxottica and Applied Materials will scale up commercialisation of AI glasses

• ​Research and development will focus on advanced optical technologies

• EssilorLuxottica already leads the ⁠AI-glasses market through a long-term partnership with Meta to ​sell smart glasses under the Ray-Ban and Oakley brands

• Their first device ​with a built-in display, ‌the Ray-Ban Meta Display, was launched in 2025

• AI-powered glasses embed ⁠a camera, microphone and speakers into a conventional frame, with an AI voice assistant ⁠that answers questions and describes surroundings

• Augmented reality, which ​overlays digital images onto the user's field of vision, is a far more complex optical challenge

• ‌California-based Applied Materials makes the specialised equipment used to engineer ‌the ultra-thin material layers at the heart ⁠of semiconductor chips ‌needed for AR ​displays

(Reporting by Gianluca Lo Nostro; Editing by Emelia Sithole-Matarise and Barbara ‌Lewis)

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