Meta Platforms (META) is getting ready to launch a new set of smart glasses called Hypernova, but the hardware is still closely linked to a Chinese supplier. Goertek, based in Shandong, produces parts for Meta’s Ray-Ban glasses and Quest headsets and also handles production for the Hypernova line. In addition, the supplier has taken stakes in optics makers in both China and the United Kingdom, further extending its influence in the supply chain.
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Meanwhile, Meta has tried to shift some production away from China, moving a portion of Quest headset output to Vietnam. Even so, Goertek continues to play a key role in that work as well. Meta says it has a broad supply network with partners in Japan and the United States, yet insiders point out that Goertek remains central to the company’s hardware plans.
Meanwhile, META shares have climbed 30% year-to-date.
Growth in Wearables and New Risks
Ray-Ban Meta glasses, sold in partnership with EssilorLuxottica, have been a hit with buyers since the 2023 launch. By February 2025, sales had reached 2 million pairs. Hypernova will add a display in the lens that shows alerts or responses from Meta’s AI system. This step marks Meta’s push to make lighter devices that can use its AI models in daily use.
The close link with Goertek comes while Meta makes efforts to align with U.S. policy on limiting China’s role in tech. Meta leaders had once considered legal action against Goertek for selling a low-cost headset that looked like the Quest, but the move was dropped. Today, Meta’s ties to the group remain strong despite those past concerns.
Meta has also deepened ties with U.S. defense groups. Its Chief Technology Officer, Andrew Bosworth, joined the Department of Defense as a reserve officer this year to advise on AI. The company has also partnered with Anduril to build AR and VR devices for use by the U.S. military.
Is META Stock a Buy or Sell?
On the Street, Meta continues to boast a Strong Buy consensus rating. The average META stock price target is $872.30, implying a 14.07% upside from the current price.
