Friday, September 02, 2022
QPORIT XR NEWS for 2022-09-02 - QUALCOMM & META PARTNER ON CUSTOM XR CHIPS
At the Keynote Event for the IFA Tech Conference, Meta and Qualcomm announced a multi-year partnership to design and develop custom chips to power XR devices.
The agreement does not appear to require the chips to be exclusive to Meta. This is very wise, and good news. Unlike Apple's attempts to completely silo their products (which negatively impacts competition and interoperability, and allows them to overcharge for their successful products), an open agreement will support the entire XR industry, result in lower costs, and allow wide-ranging innovation.
As this is a multi-year agreement, it will support continuing improvement in XR technology. It also provides important encouragement at a moment when fears of a recession are acting to discourage new investments in XR innovation.