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EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology

By Thomson Reuters Jun 16, 2026 | 11:15 AM

June 16 (Reuters) – EssilorLuxottica, the world’s largest eyewear maker, has signed a long-term deal with chipmaking ​equipment company Applied Materials to ‌develop augmented reality display technology and AI glasses, the companies said on Tuesday.

Here are some details:

• EssilorLuxottica and Applied Materials ‌will ​scale up commercialisation ⁠of AI glasses

• Research ⁠and development will focus on advanced optical technologies

• EssilorLuxottica already leads the AI-glasses market through a long-term ​partnership with Meta to sell smart glasses under the Ray-Ban ⁠and Oakley brands

• Their ⁠first device with a ​built-in display, the Ray-Ban Meta Display, was ​launched in 2025

• AI-powered glasses embed ‌a camera, microphone and speakers into a conventional frame, with an AI voice assistant that answers questions ⁠and describes surroundings

• Augmented reality, which overlays digital images onto the user’s field of ⁠vision, ‌is a far more ⁠complex optical challenge

• California-based Applied ​Materials ‌makes the specialised equipment ​used to ⁠engineer the ultra-thin material layers at the heart of semiconductor chips needed for AR displays

(Reporting by Gianluca Lo Nostro; Editing by Emelia Sithole-Matarise and ​Barbara Lewis)