The Bull Case For EssilorLuxottica (ENXTPA:EL) Could Change Following Meta Smart Glasses Capacity Talks
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EssilorLuxottica recently presented at the 44th Annual J.P. Morgan Healthcare Conference in San Francisco and, according to Bloomberg, is discussing with Meta the potential doubling of annual production capacity for their AI-powered smart glasses to 20 million units by year-end, with scope to go higher if demand supports it. This prospective ramp-up in AI wearables highlights how EssilorLuxottica’s smart glasses collaboration with Meta could become a more central part of its...
📄 Summary
EssilorLuxottica recently presented at the 44th Annual J.P. Morgan Healthcare Conference in San Francisco and, according to Bloomberg, is discussing with Meta the potential doubling of annual production capacity for their AI-powered smart glasses to 20 million units by year-end, with scope to go higher if demand supports it. This prospective ramp-up in AI wearables highlights how EssilorLuxottica’s smart glasses collaboration with Meta could become a more central part of its...