Reliance Jio is working with Meta to bring a new affordable headset for the Indian market. The company has already launched JioDive, which is a go at the VR segment, but at a very entry-level aspect with a mobile phone as the screen. Now, the company is reportedly working with Meta to leverage its Horizon OS for making an affordable headset targetted at the Indian market. The development was shared by The Information which said that currently talks are ongoing between the companies and the deal has not been finalised.
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This wouldn't be a surprise if it happens. Jio has already shown its keen interesting in partnering with global OEMs (original equipment makers) and tech providers such as Google in the past to launch products. This would certainly be a good addition to the tech ecosystem in the country as users disposable income rises and the 5G networks reach more corners.
It is worth noting here that Meta has a 10% stake in Reliance Jio. This deal between Jio and Reliance happened in 2020 and since then, both companies have collaborated to bring e-commcerce services into WhatsApp. Neither of the companies would comment anything official at the moment as the talks are ongoing.
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Reliance Industries has announced its AGM (Annual General Meet) for August 29, 2024. During the event, major announcements are expected from the company. One of the things that the global market would be looking for is the IPO details of Reliance Jio and Reliance Retail in the Indian stock market. Both companies are set to go public but Reliance has not yet taken the final step yet. Details around that along with the future steps/products for Reliance Jio are expected to be announced during the event.
