Meta and Qualcomm attain deal on customized VR chips By Reuters

©Reuters. FILE PHOTO. Illustration picture of a cell phone displaying the Meta brand. August 22, 2022. REUTERS/Dado Ruvic

Sep 2 (Reuters) – Meta Platforms Inc has signed an settlement for chipmaker Qualcomm Inc. (NASDAQ:) produce customized chipsets for its Quest digital actuality headsets, the businesses introduced at a client electronics convention in Berlin on Friday.

The businesses’ engineering and product groups will work collectively to provide the chips, which will probably be powered by Qualcomm’s Snapdragon platforms, they stated in a press release.

The deal marks a continued dedication by Meta, often called Fb (NASDAQ:) till final yr, to Qualcomm’s expertise, even because it tries to develop its personal silicon for a collection of digital actuality (VR), augmented (AR) ) and combined you might have deliberate.

Monetary phrases of the deal haven’t been disclosed.

The chipsets produced via the collaboration is not going to be unique to Meta, however will probably be optimized particularly for Quest’s system specs, Meta spokesman Tyler Yee instructed Reuters.

The deal solely covers digital actuality headsets, stated Meta, which is able to proceed to work on growing a few of its personal novel silicon options.

“There could possibly be conditions the place we use off-the-shelf silicon or work with trade companions on customizations, whereas exploring our personal new silicon options. There is also conditions the place we use each accomplice and customized options in the identical product.” Ye stated.

“It is about doing what it takes to create one of the best metaverse experiences attainable.”

Meta has relied on Qualcomm chips for years for its VR headsets, together with its latest Quest2 headset, which instructions about 90% of the VR {hardware} market, in keeping with market intelligence agency IDC.

The corporate can also be investing closely in applied sciences corresponding to pass-through glasses and augmented actuality goggles because it seeks to make CEO Mark Zuckerberg’s imaginative and prescient of the metaverse a actuality. an idea involving an immersive set of digital worlds.

(Reporting by Katie Paul in Palo Alto, California; Extra reporting by Stephen Nellis in San Francisco; Modifying in Spanish by Benjamín Mejías Valencia)

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