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BUSINESS EssilorLuxottica and Applied Materials Partner on AR Optics Platforms for Next-Gen Smart Glasses   By Staff Wednesday, June 17, 2026 12:24 AM PARIS and SANTA CLARA, Calif.—EssilorLuxottica (ESLX.PA) and Applied Materials, Inc. (NASDAQ: AMAT) have announced a long-term joint development agreement in which they aim to accelerate the commercialization of next-generation intelligent optica

EssilorLuxottica and Applied Materials have agreed to a long-term partnership to speed development of intelligent optical systems for augmented reality and AI-powered smart eyewear, a move that could help shape future consumer devices used by people around the world. The companies said the effort aims to make advanced display glasses lighter, more capable, and easier to manufacture at scale.

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