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Snap Sets Up Subsidiary Specs, Concentrating on Augmented Reality Glasses Development
2 week ago /
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Author：小编
This Wednesday, Snap made a significant announcement: its research and development division dedicated to augmented reality glasses is now an independent entity. A wholly-owned subsidiary, named Specs Co., Ltd., has been established. Through a blog post, Snap disclosed its plans to roll out the Specs line of augmented reality glasses within this year. The creation of this new subsidiary is expected to streamline business operations, fostering more targeted and efficient strategic partnerships. Additionally, it paves the way for forging new alliances and introduces greater flexibility in capital management, such as potentially bringing in minority equity investors.
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