Meta mulls doubling output of Ray-Ban glasses by year end, Bloomberg News reports

Core Insights - Meta and EssilorLuxottica are planning to double the production capacity of their AI-powered smart glasses to 20 million units annually by the end of this year [1] Company Overview - The collaboration between Meta and EssilorLuxottica aims to enhance the production capabilities of smart glasses, indicating a strong commitment to the wearable technology market [1] Industry Implications - Doubling production capacity reflects the growing demand for AI-integrated devices, positioning the companies to capitalize on emerging trends in the smart eyewear sector [1]