On May 12, Reuters’ official website issued an article saying that Facebook’s parent company Meta Platforms Inc is preparing to cut Reality Labs, the core division of its Metaverse strategy, which is the core division of the company’s renewed focus on hardware products and “Metaverse” strategy, a spokesman said. People have confirmed the above statement.
It is understood that official data shows that Reality Labs, a subsidiary of Meta, invested 10 billion US dollars (about 67.9 billion yuan) in the research and development of the Metaverse project in the past fiscal year, and the investment in the first quarter of this year was also as high as 3 billion US dollars (about 20.4 billion yuan). ).
Ming-Chi Kuo believes that Meta will reduce subsidies for hardware development in the future, and investment in head-mounted displays (HMDs) will also be affected.
Screenshot of Ming-Chi Kuo’s Twitter
At the same time, Ming-Chi Kuo also analyzed the current consumption of electronic products. Due to the new user experience and a lower base of shipments, orders for consumer electronic products have been greatly reduced in the entire market so far this year, except for head-mounted displays (HMDs).
