Meta’s stock price today surged roughly 1% to $572.44, coinciding with the development.
In 2025, Meta’s newest Mixed Reality device, the Quest 3S, will be mass-produced in Vietnam.
With its latest investment in Vietnam, Mark Zuckerberg’s Meta has made news all over the world once again. In addition to increasing manufacturing of its newest mixed reality headsets in 2025, the tech giant said on Tuesday that it would invest in AI innovation in the Asian nation. Even the firm’s stock price gained about 1% lately, indicating that this news has quickly attracted major attention.
Meta Platforms is reportedly investing in Vietnam with an eye on artificial intelligence (AI) innovation and its newest mixed reality headsets (2025), as reported by official Reuters on October 1. Just one week after his meeting with the president of Vietnam in New York, the firm’s president for global affairs, Nick Clegg, made the statement during his visit to the nation.
Strategic Boost
In 2025, Meta’s newest Mixed Reality device, the Quest 3S, will be mass-produced in Vietnam, according to Nick Clegg. Meta, on the other hand, has been mum about the details of the investment’s magnitude. And the scope of its activities in the nation so far. In addition, Nick said that millions of small companies and consumers in Vietnam depend on the platform. Thus, making Vietnam a crucial participant for the firm.
In addition to beginning testing of “business AI for Messenger” in June, the company also said that it will investigate the possibility of testing its platform in Vietnamese. Moreover, in sum, the company is making tremendous progress by increasing the scope of its offerings in Vietnam. Curiously, Meta’s stock price today surged roughly 1% to $572.44, coinciding with development ambitions in Vietnam.
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