Meta and Qualcomm strike deal on custom VR chips

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Sep 2 (Reuters) – Meta Platforms Inc (META.O) has signed an agreement for chipmaker Qualcomm Inc (QCOM.O) to produce custom chipsets for its Quest virtual reality devices, the companies said at a a consumer electronics conference in Berlin on Friday.

The companies’ engineering and product teams will work together to produce the chips, which will be powered by Qualcomm’s Snapdragon platforms, they said in a statement.

The deal signals a continued commitment from Meta, known as Facebook until last year, to Qualcomm’s technology even as it tries to develop its own custom silicon for the line of VR devices. , augmented and mixed as he provided.

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Financial terms of the deal were not disclosed.

The chipsets produced through the collaboration will not be exclusive to Meta, but will be optimized specifically for Quest system specifications, Meta spokesman Tyler Yee told Reuters.

The deal only covers virtual reality devices, he said, and Meta will continue to work to develop some of its own new silicon solutions.

“There could be situations where we use standard silicon or work with industry partners on customizations, while also exploring our own new silicon solutions. There could also be scenarios where we use both partner and custom solutions in the same product,” Yee says.

“It’s about doing what’s necessary to create the best metaverse experiences possible.”

Meta has relied on Qualcomm chips for its VR devices for years, including its most recent Quest2 headset, which captures around 90% of the VR hardware market, according to market intelligence firm IDC. .

The company is also investing heavily in technologies such as goggles and augmented reality glasses as it attempts to bring CEO Mark Zuckerberg’s vision for the metaverse to life, a concept involving an immersive set of digital worlds.

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Reporting by Katie Paul in Palo Alto, California Additional reporting by Stephen Nellis in San Francisco Editing by Matthew Lewis

Our standards: The Thomson Reuters Trust Principles.

About Anne Wurtsbach

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