Meta is LG have officially announced a new “collaboration strategic” which also concerns the development of XR devicesor extended reality, which therefore includes VR and AR functionality.
According to what was reported by UploadVR, Mark Zuckerberg and William Cho, CEOs of Meta and LG respectively, met at LG's headquarters in South Korea to establish the details of the collaboration, in a meeting which also included a practical demonstration of Quest 3.
LG confirmed that the agreement also includes the discussion of “business strategies and considerations regarding the development of next generation“, as reported in an official press release which also speaks of “synergy” in the development of such devices between the technologies developed by Meta and LG.