Market
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.
View original story
Similar markets
More than 80,000 • 25%
Less than 60,000 • 25%
60,000 to 70,000 • 25%
70,001 to 80,000 • 25%
No • 50%
Yes • 50%
Increase by more than 5% • 25%
Decrease by more than 5% • 25%
Decrease by up to 5% • 25%
Increase by up to 5% • 25%
