Meta Platforms Inc. and EssilorLuxottica SAare discussing potentially doubling production capacity for AI-powered smart glasses by the end of this year, in a bid to capture growing demand and head off rivals, according to people familiar with the matter.
With sales of Ray-Ban Meta frames taking hold, Facebook-owner Meta has suggested increasing annual capacity to 20 million units or more by the end of 2026, said the people, asking not to be named because the deliberations are private.
The partners have also discussed going further to establish the capability of producing more than 30 million units, should demand ...
