EssilorLuxottica is multinational holding company expanding in the market with their various products. Essilor and Luxottica were the world's leading manufacturers of ophthalmic lenses and of eyeglasses. Upon the merger, EssilorLuxottica became the juggernaut of the eyewear industry.
One exploding technology in their field is the Ray-Ban Meta glasses, featured as the first ever eyewear with live streaming and built-in Meta Artificial Intelligence, and its growing popularity.
Ray-Ban Meta glasses have sold 2 million units so far, and the annual production capacity is being increased to 10 million by the end of 2026.
CEO Francesco Milleri described the smart glasses as "a great success", and told investors that their retention has been increasing over time too. He further suggested that the multi-modal visual AI feature, currently limited to the US, Canada, and Australia, will "soon" expand to other countries worldwide.
One exploding technology in their field is the Ray-Ban Meta glasses, featured as the first ever eyewear with live streaming and built-in Meta Artificial Intelligence, and its growing popularity.
Ray-Ban Meta glasses have sold 2 million units so far, and the annual production capacity is being increased to 10 million by the end of 2026.
CEO Francesco Milleri described the smart glasses as "a great success", and told investors that their retention has been increasing over time too. He further suggested that the multi-modal visual AI feature, currently limited to the US, Canada, and Australia, will "soon" expand to other countries worldwide.
Comment