Qualcomm CEO Cristiano Amon discusses investments that the company is making in several metaverse projects including Meta, Microsoft and TikTok. ‘The Metaverse could be as big as smartphones’ says Qualacomm CEO Cristiano Amon.
Video Transcript
CRISTIANO AMON: We started investing in fundamental technologies that allow the merger of physical and digital spaces over a decade ago. It’s no secret that because of those early investments for the over 40 virtual reality and augmented reality devices that exist in the world, all powered by Qualcomm. One of our biggest partnerships is with Meta. We have been a very successful partnership with them for VR, with the Quest and the Quest 2 that we’re now doing a custom chip for augmented reality with Microsoft as the Microsoft HoloLens getting ready to scale.
And we announced a partnership, for example, with ByteDance for the VR for TikTok. And we have a number of different developments to eventually be able to create a companion to your smartphone with fully immersive augmented reality glasses that actually is going to look like this. And I think that’s a big opportunity. It could be as big as phones.
