Apple plans smart glasses launch in 2026, Bloomberg News reports
FILE PHOTO: An Apple logo is pictured in an Apple store in Paris, France, March 6, 2024. REUTERS/Gonzalo Fuentes/File Photo
(Reuters) -Apple plans to release smart glasses at the end of next year, Bloomberg News reported on Thursday, in the iPhone maker's latest push to diversify its product lineup and boost demand for its artificial intelligence devices.
Apple will start producing large quantities of prototypes of the devices at the end of this year with overseas suppliers, the report said, citing people with knowledge of the matter.
Apple did not immediately respond to a Reuters request for comment.
The company's push into facewear comes after its Vision Pro headset saw lukewarm reception from the public due to its hefty price tag and lack of AI features.
Apple's new glasses will compete with Facebook-parent Meta's Ray-Ban smart glasses, which have become popular with consumers.
Apple also shelved plans for a smartwatch that can analyze its surroundings with a built-in camera, the report said.
The company had actively been working to release a camera-equipped Apple Watch by 2027, but that work was shut down, the report added.
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Alan Barona)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
2 hours ago
- The Star
Cuts hit contract workers
Meeting of minds: Anwar receiving a courtesy call from Muhammad Shahrul in Putrajaya. — Photo courtesy of Anwar's Facebook page PUTRAJAYA: The move by PETRONAS to trim its workforce by about 10% involves mostly contract workers, says Prime Minister Datuk Seri Anwar Ibrahim. 'It mostly involves contract (positions),' Anwar said when asked to comment on reports that PETRONAS would cut about 5,000 employees as part of a 'right-sizing' process. Anwar, who is also Finance Minister, said this after performing Friday prayers with over 500 congregants at Surau Al-Ikhwan, Jalan Pinggiran Putra, near here yesterday, Bernama reported. Also present was Selangor Mentri Besar Datuk Seri Amirudin Shari. On Thursday, PETRONAS president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz was reported to have said that the national oil and gas company would cut about 10% of its workforce as part of its right-sizing and restructuring process. He also denied that the state-owned company would exit its business in Canada. PETRONAS had previously stated that it needs to right-size its workforce to ensure the company's sustainability in the decades to come. It has nearly 50,000 employees, according to its website. Separately, Anwar said he would contact his Thai counterpart, Paetongtarn Shinawatra, regarding the border dispute between Thailand and Cambodia. Anwar said that as the Asean Chair, Malaysia took note of the developments in both countries. 'We will issue a statement (on the outcome of the discussion with Paetongtarn) later,' he told reporters. On May 28, Thai and Cambodian troops were involved in a brief skirmish in Thailand's Ubon Ratchathani province and Cambodia's Preah Vihear province, which resulted in the death of a Cambodian soldier. Cambodia has since announced its intention to bring the border dispute to the International Court of Justice. Thailand, meanwhile, has reportedly reiterated its commitment to resolving the issue peacefully in accordance with international law, as well as existing agreements and memoranda with Cambodia. Earlier, Anwar received a courtesy call from the new Malaysian Ambassador to the United States, Tan Sri Muhammad Shahrul Ikram Yaakob. Anwar said that they discussed, among others, measures to strengthen bilateral ties between Malaysia and the United States, including strategic efforts to attract quality and high-impact foreign investments. 'Among (the topics) touched on included strengthening Malaysia-US ties as well as efforts to attract quality and high-impact foreign investments from the country,' he said in a Facebook post today. The Prime Minister also wished Muhammad Shahrul all the best on his appointment, while stating his confidence in the former to elevate Malaysia's aspirations, image and reputation to the highest level. On June 3, His Majesty Sultan Ibrahim, King of Malaysia, presented the instrument of appointment to Muhammad Shahrul in a ceremony at Istana Negara.
The Star
2 hours ago
- The Star
Trump says Xi to restart rare earth flows, sets date for talks
FILE PHOTO: Workers transport soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China October 31, 2010. Donald Trump and Xi Jinping agreed to defuse growing tensions spurred by concerns over the flow of critical minerals needed by American firms.- Reuters WASHINGTON: President Donald Trump said his Chinese counterpart Xi Jinping had agreed to restart the flow of rare-earth materials, as negotiators from the two nations prepare to resume trade talks on June 9 in London. The developments come as the world's two largest economies look to resolve a simmering dispute over tariffs and technology that has unnerved markets. Trump and Xi held a 90-minute call on Thursday (June 5) that saw the two agree to defuse growing tensions spurred by concerns over the flow of critical minerals needed by American firms. US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer are set to meet Monday "with Representatives of China, with reference to the Trade Deal,' Trump said Friday on social media. "The meeting should go very well.' Earlier talks between the two countries in Switzerland in May resulted in a tariff truce between Beijing and Washington that set the stage for further discussions on trade. But negotiations between the rivals stalled after the Geneva meeting, with both sides accusing the other of violating the agreement that brought down duties from massive highs. The US expressed concerns over the lack of rare-earth magnets essential for American electric vehicles and defense systems, while China bristled at fresh US restrictions on artificial intelligence chips from Huawei Technologies Co., as well as other advanced technologies and crackdowns on foreign students in the US. Asked Friday if Xi had agreed to restart the flow of rare-earth minerals and magnets, Trump told reporters on Air Force One: "Yes he did.' China also approved temporary export licences to critical mineral suppliers to major US automakers, Reuters reported earlier. But questions remain about what Trump conceded to Xi in their call, which the US president had eagerly sought. The Chinese Foreign Ministry in a statement said that Trump told Xi Chinese students are welcome to study in the US, and Trump later said it would be his "honour' to welcome them. The call between Trump and Xi generated some hope on Wall Street for lower duties between the US and China, although investor optimism was limited, citing the lack of details on key matters and the thorny issues that await negotiators. The inclusion of Lutnick in the new round of talks may signal that Trump is willing to reconsider some of the technology curbs that threaten to hobble China's long-term growth ambitions. - Bloomberg
The Star
6 hours ago
- The Star
Wall St Week Ahead: US stocks edge toward records
Equities have bounced back from a steep fall in April, sparked by concerns about the economic fallout from President Donald Trump's tariff plans. — Reuters NEW YORK: The US stock rebound has driven key indices to the cusp of record levels, with fresh economic data and trade and fiscal policy developments set to test whether equities will get an extra push higher in the near term. A monthly US inflation report headlines the events for markets in the coming week. Equities have bounced back from a steep fall in April, sparked by concerns about the economic fallout from President Donald Trump's tariff plans. Billed as RM9.73 for the 1st month then RM13.90 thereafters. RM12.33/month RM8.63/month Billed as RM103.60 for the 1st year then RM148 thereafters. Free Trial For new subscribers only
