Market
How much will Meta's MR market share increase by end of 2025?
3
Resolution / Starting Odds
Increase by more than 10% • 25%
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Market analysis reports from firms like IDC or Gartner
Story
Meta Outsources MR Device Design to Goertek, Moves 50% of Quest Production to Vietnam
Dec 5, 2024, 02:06 PM
Meta Platforms Inc. is undergoing a strategic shift in its mixed reality (MR) device production and design, according to sources cited by The Information. The company is outsourcing some of the design responsibilities for its MR devices to Goertek, a Chinese contract manufacturer. Additionally, Meta plans to move up to 50% of its Quest headset production from China to Vietnam in the coming years. This move aims to diversify its manufacturing base and potentially mitigate risks associated with geopolitical tensions and supply chain disruptions.
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Similar markets
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