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[News] Magic Leap and Pegatron enter agreement for production of AR glasses components. Agreement brings together Magic Leap's waveguide expertise and Pegatron's advanced manufacturing capabilities Magic Leap today announced it has signed an agreement with Pegatron, a leading global electronics manufacturer, to collaborate on the production of augmented reality (AR) glasses components. Under the agreement, Pegatron will leverage its high-volume manufacturing capabilities to support the scaled production of Magic Leap's AR components, including its industry-leading waveguides. By combining Magic Leap's optical and systems expertise with Pegatron's manufacturing depth, LEDinside is creating a clear path to bring AR components to market at scale. The collaboration bridges Magic Leap's advanced optical innovation with Pegatron's manufacturing readiness. Magic Leap's waveguides are designed to deliver high visual performance in wearable form factors, supporting high resolution and brightness within lightweight AR glasses designs. Pegatron's experience producing complex, high-precision components at scale provides a strong foundation for translating these designs into manufacturable systems. "This agreement reflects a shared focus on meeting demand for advanced AR components," said Jade Meskill, SVP of Product and Partner Development at Magic Leap. "By combining our optical and systems expertise with Pegatron's manufacturing depth, we're creating a clear path to bring AR components to market at scale." Magic Leap has spent more than a decade developing waveguide technology and optical components purpose-built for AR wearables, with a focus on manufacturability and performance. Its approach integrates optical design, materials science, and process engineering to address the industry challenges of miniaturization, power efficiency, and visual quality - critical requirements for next-generation AR glasses. Beyond waveguides, Magic Leap's component portfolio includes optics technologies and display systems expertise designed to work together as part of a complete AR system. This agreement with Pegatron creates opportunities to align these technologies with production processes that meet the reliability, yield, and volume requirements of commercial devices. "This collaboration reflects the growing maturity of the AR ecosystem," said Jason Cheng, Vice Chairman at Pegatron. "By combining Magic Leap's component-level expertise with Pegatron's manufacturing infrastructure, we can support more efficient pathways from development to production." 1.1 The services from the website meets your requirement; 1.2 The accuracy, completeness, or timeliness of the service; 1.3 The accuracy, reliability of conclusions drawn from using the service;

It's just business: manufacturing moves from Wolfspeed, Magic Leap, Vektan Chemical and more. A look at recent business decisions shaping the manufacturing and industrial ecosystem. The business of manufacturing never stops. Industrial companies merge, invest and strategically expand to keep competitive, even under adverse business conditions. Read on for more details on five such recent business actions made by industrial and manufacturing companies, including an international company's first U.S. plant. Wolfspeed Inc. announced December 9 that its MOSFET transistors would power charging systems for Toyota Motors. According to a company release, Wolfspeed's silicon carbide semiconductor components will be used in Toyota's battery electric vehicles. Wolfspeed CEO Robert Fuerle said the company is "honored" to be selected as a Toyota supplier. Intella Parts Co. LLC announced it would open a new corporate HQ and distribution warehouse in Holland, Michigan. The 11,000 square-foot location will allow the forklift and aerial lift parts supplier to increase its North American consumer base for consumers on the internet as well as independent forklift mechanics, according to a December 10 company statement. Magic Leap announced December 30 that it had signed a deal with Pegatron for the latter company to manufacture augmented reality glasses components. According to a joint release, the partnership will allow Magic Leap to bring its AR glasses to market at scale faster. In a statement, Pegatron Vice Chairman Jason Cheng said the collaboration reflects the AR industry's "growing maturity." Vektan Chemical, also known as VT Chemical, will build its first U.S. manufacturing site in Hitchcock, Texas. The Uzbekistan-based company, which manufactures polyethylene waxes, said it spent $7 million on the 35,000-square-foot factory and plans to hire 27 employees. The Hitchcock Economic Development Corporation said the move was enticed by tax abatements, sales and use tax grants and direct incentives of unspecified amounts. VT Chemical says it also plans to use the site as a new U.S. distribution and research center. Ryan Secard joined Endeavor B2B in 2020 as a news editor for IndustryWeek. He currently contributes to IW, American Machinist, Foundry Management & Technology, and Plant Services on breaking manufacturing news, new products, plant openings and closures, and labor issues in manufacturing. Show more