Meta mulls doubling output of Ray-Ban glasses by year end, Bloomberg News reports
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Meta and EssilorLuxottica are considering doubling the production of their AI-powered smart glasses to 20 million units annually by year-end, driven by strong demand. The capacity could exceed 30 million units if market conditions allow. Currently, they are nearing a target of 10 million pairs by late 2026. Meta has paused international expansion of the Ray-Ban Display glasses due to supply shortages and is cutting over 1,000 jobs in its Reality Labs division, which has incurred over $60 billion in losses since 2020.
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