Meta Platforms has canceled plans for a premium mixed-reality headset meant to compete with Apple’s Vision Pro, the Information reported on Friday.
The firm informed staff at its Reality Labs division to cease work on the gadget this week after a product assessment assembly, the report stated citing two Meta staff.
The axed gadget was internally code-named La Jolla and was scheduled for launch in 2027, the report stated. It was going to include ultrahigh-resolution screens often known as micro OLEDs — the identical show know-how utilized in Vision Pros.
The digital and blended actuality headset market gained renewed consideration with Apple’s entry final 12 months, however its Vision Pro has struggled to promote because of the pricy $3,500 tag.
Meta’s Reality Labs division, liable for creating and advertising the Quest line of headsets, has incurred billions in losses. Still, CEO Mark Zuckerberg stays optimistic about the way forward for augmented and digital actuality applied sciences.
The present line of Quest headsets embody the Quest 2, which retails for $200, and the Quest 3 for $500.
Meta had stopped manufacturing of the Quest Pro — its costliest headset priced at $999 — in 2023 after encountering weak gross sales and poor evaluations, based on the Information report.
Meta didn’t instantly reply to a Reuters request for remark.
© Thomson Reuters 2024