Meta Platforms(US:META) Xin Lang Cai Jing·2026-02-19 02:30Group 1 - Meta plans to launch a health-tracking and AI-enabled smartwatch, code-named Malibu 2, later this year, marking its entry into the competitive wearable device market after a four-year hiatus [1][4] - The previous smartwatch development was canceled in 2022 due to technical challenges and cost-cutting measures, with earlier versions exploring features like a triple-camera setup [4] - The Malibu 2 smartwatch will be released before the mixed-reality glasses, code-named Phoenix, which have been delayed to 2027 due to a streamlined AR and MR product roadmap [4] Group 2 - The launch of the Malibu 2 smartwatch will intensify competition with Apple, which is rumored to be developing AI smart glasses expected to launch next year, potentially clashing with Meta's eyewear series [4] - In the smartwatch sector, Meta will compete against established brands such as Google, Garmin, Samsung, and Fitbit for market share [4] - The new smartwatch may integrate with Meta's previously launched Ray-Ban Display AR glasses, which had paused international sales due to high demand and limited inventory, enhancing user interaction through gesture control [4]