What is EssilorLuxottica's relationship with Meta?

EssilorLuxottica has a long-term partnership with Meta to sell smart glasses under the Ray-Ban and Oakley brands, and they launched their first device with a built-in display in 2025.

EssilorLuxottica and Applied Materials Partner to Develop Smart Glasses with AR

Q: When was the first Ray-Ban Meta Display launched?

The Ray-Ban Meta Display was launched in 2025.

EssilorLuxottica, the world's largest eyewear maker, has signed a long-term agreement with Applied Materials, a chipmaking equipment company, to develop augmented reality display technology and AI glasses. The partnership aims to scale up commercialization of AI glasses, with R&D focused on advanced optical technologies.

June 16, 2026

2 min read

Source: Reuters

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

The Product

The partnership focuses on scaling up the commercialization of AI glasses, with research and development centered 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.

Pricing and Availability

Pricing and availability details for the new products have not been announced.

Competition

EssilorLuxottica faces competition from tech giants like Apple and Google in the smart glasses market, as well as from AR startups.

Potential Impact on the Company

The partnership is expected to strengthen EssilorLuxottica's position in the growing smart eyewear market and allow Applied Materials to enter the consumer electronics sector more aggressively.

Frequently Asked Questions

The companies have signed a long-term deal to develop augmented reality display technology and AI glasses, aiming to scale up commercialization of AI glasses.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.