Meta’s Zuckerberg Discusses Mixed Reality Devices, AI with LG Leaders in South Korea 

Mark Zuckerberg, CEO of Facebook, speaks to journalist after meeting Japanese Prime Minister Fumio Kishida at the latter's official residence in Tokyo, Japan, 27 February 2024 (issued 28 February 2024). (EPA)
Mark Zuckerberg, CEO of Facebook, speaks to journalist after meeting Japanese Prime Minister Fumio Kishida at the latter's official residence in Tokyo, Japan, 27 February 2024 (issued 28 February 2024). (EPA)
TT

Meta’s Zuckerberg Discusses Mixed Reality Devices, AI with LG Leaders in South Korea 

Mark Zuckerberg, CEO of Facebook, speaks to journalist after meeting Japanese Prime Minister Fumio Kishida at the latter's official residence in Tokyo, Japan, 27 February 2024 (issued 28 February 2024). (EPA)
Mark Zuckerberg, CEO of Facebook, speaks to journalist after meeting Japanese Prime Minister Fumio Kishida at the latter's official residence in Tokyo, Japan, 27 February 2024 (issued 28 February 2024). (EPA)

Meta Platforms CEO Mark Zuckerberg on Wednesday met LG Electronics executives to discuss a stronger partnership in extended reality (XR) devices as well as potential cooperation in artificial intelligence (AI), LG said.

Zuckerberg arrived in South Korea late on Tuesday and is widely expected to hold talks on AI and meet with President Yoon Suk Yeol and heads of the country's technology powerhouses.

He held discussions with LG Electronics CEO William Cho and parent company LG Corp COO Kwon Bong-seok about business strategy related to next-generation XR device development, LG Electronics said in a statement.

Cho also expressed interest in Meta's large language model-based AI technology and discussed possible on-device AI cooperation, his company said. Cho has previously said LG Electronics is looking for opportunities in XR.

Meta launched its latest mixed-reality headset, Quest 3, in June before rival Apple ramped up competition this month with its Vision Pro device.

It has also been intensifying AI efforts this year including plans for a custom chip and adding AI functions to products.

Zuckerberg is on his first known visit to South Korea in about 10 years. It comes as part of a tour of Asian countries that includes Japan and India, South Korean media reported.

He was due to meet President Yoon as well as Samsung Electronics Chairman Jay Y. Lee, said a government source with knowledge of the matter, declining to be identified as they were not authorized to speak to media.

Zuckerberg is widely expected to discuss AI chip supply and expanding ecosystems for generative AI during his South Korea visit, as Meta seeks to get generative AI technology into its core social media products and hardware devices this year.

Meta plans to deploy into its data centers this year a new version of a custom chip aimed at supporting its AI push, Reuters reported this month. It also plans to secure about 350,000 H100 graphics processing units from leading AI chipmaker Nvidia by end-year to support the push.



Lucid Joins 'Made in Saudi' Program

Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
TT

Lucid Joins 'Made in Saudi' Program

Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA

Lucid Motors, a leading electric vehicle manufacturer, has joined the Made in Saudi program, earning the right to use the "Made in Saudi" logo on its products, a symbol of quality, excellence, and customer trust reflecting the Kingdom's dedication to establishing itself as a global leader in innovative manufacturing.
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo. This feat underscores Lucid's ability to produce world-class electric vehicles with Saudi expertise and highlights its role in advancing the Kingdom's automotive industry.
In a statement, Minister of Industry and Mineral Resources Bandar Alkhorayef emphasized that Lucid's inclusion in the Made in Saudi program as the first car manufacturer to feature the "Made in Saudi" logo signifies the Kingdom's strategic transformation towards establishing a comprehensive ecosystem for the electric vehicle sector.

According to SPA, this aligns with the objectives of the National Industrial Strategy, which focuses on empowering key sectors and attracting high-quality investments in advanced industries.
Alkhorayef emphasized that Saudi Arabia has become a key center for producing electric vehicles, supported by modern infrastructure, attractive incentives, and a skilled workforce. He stressed that the presence of major companies like Lucid bolster the Kingdom's position as a global hub for future industries, boosting local content, non-oil exports, and knowledge transfer.
The ministry is committed to creating an investment environment that supports leading companies and enables them to contribute to industrial transformation and innovation, in line with the Kingdom's vision for a sustainable future driven by modern technologies, he added.
Lucid's inclusion in the Made in Saudi program, overseen by the Saudi Export Development Authority, aligns with the program's goals to enhance the appeal of the Saudi industrial sector, boost local product consumption, drive local and foreign investments, support local companies in expanding globally, increase Saudi non-oil exports, and promote economic sustainability.