Samsung announced partnerships with Qualcomm and Google to develop XR products and experiences, with possible service partnerships in the XR space with Meta and Microsoft in the future.
Qualcomm is to provide the chipset for the potential XR device, with software being provided by Google, although the company declined to elaborate on specific details of the partnership.
In 2015, Samsung launched the Gear VR headset followed by the launch of its VR headset, Odyssey, in 2017. Samsung’s return to the XR industry comes at a crucial time for the company, given that the company recorded its lowest quarterly profit in years .
Analyst QuickTake: The announcement further solidifies Qualcomm’s position as a leader in XR chipset manufacturing; the company’s Snapdragon chipset is featured in flagship headsets, such as the Quest Pro and Pico 4 Enterprise , which was launched in October 2022, among others.
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