The firm instructed workers at its Reality Labs division to cease work on the gadget this week after a product evaluation assembly, the report stated citing two Meta workers.
The axed gadget was internally code-named La Jolla and was scheduled for launch in 2027, the report stated. It was going to comprise ultrahigh-resolution screens often known as micro OLEDs — the identical show expertise utilized in Vision Pros.
The digital and combined actuality headset market gained renewed consideration with Apple’s entry final yr, however its Vision Pro has struggled to promote because of the pricy $3,500 tag.
Meta’s Reality Labs division, liable for growing and advertising the Quest line of headsets, has incurred billions in losses. Still, CEO Mark Zuckerberg stays optimistic about the way forward for augmented and digital actuality applied sciences.
The present line of Quest headsets embrace the Quest 2, which retails for $200, and the Quest 3 for $500.
Meta had stopped manufacturing of the Quest Pro — its costliest headset priced at $999 — in 2023 after encountering weak gross sales and poor opinions, in keeping with the Information report.
Meta didn’t instantly reply to a Reuters request for remark.
© Thomson Reuters 2024