What happened: Chinese smartphone manufacturer Huawei hopes to release augmented reality (AR) glasses in two years. The company could bring the tech to Huawei phone first, and then to glasses that could commercialize as the market matures. Huawei’s rival Apple and global social network giant Facebook also have ambition in the AR game.
Why it’s important: Huawei is aggressively taking on the consumer electronics competition. As wearable devices become smartphones’ necessary functionality extensions and supplements, Huawei, the second largest smartphone manufacturer just behind Samsung, will inevitably have to compete with major rival’s products in new digital sectors soon.