Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Luxottica sees first pair of glasses with Intel chips in Feb/March

Published 24/04/2015, 12:21
© Reuters. The sign hanging outside the Intel booth is seen at the International Consumer Electronics show (CES) in Las Vegas
INTC
-
GOOGL
-

MILAN (Reuters) - Italian eyewear group Luxottica expects the first pair of glasses born out of its partnership with U.S. chipmaker Intel Corp (NASDAQ:INTC) to be ready in February or March, co-Chief Executive Massimo Vian told shareholders on Friday.

Luxottica in December joined forces with Intel to target growing appetite among consumers for so-called wearable technology devices.

© Reuters. The sign hanging outside the Intel booth is seen at the International Consumer Electronics show (CES) in Las Vegas

Vian said the "new fruit of this partnership would allow people to see, listen, even speak". He added Luxottica continued to work on the second version of the Google (NASDAQ:GOOGL) Glass and was in constant contact with the CEOs of Intel and Google.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.