EssilorLuxottica Partners with Fondazione Chips-IT to Propel the Advancement of Smart Eyewear

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Dec 10 2025

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Source: Yahoo Finance

Collaboration Announcement: EssilorLuxottica is partnering with Fondazione Chips-IT to enhance smart eyewear technology through advanced chip development and open-hardware collaboration.
Focus on Innovation: The partnership aims to improve customization, optimization, and performance of wearable devices, leveraging shared knowledge and resources to drive research in ultra-low-power electronics and sensors.
Open-Source Commitment: EssilorLuxottica plans to release certain components of its wearable platforms as open-source hardware, fostering innovation and collaboration within the industry.
Fondazione Chips-IT's Role: The foundation is dedicated to advancing integrated circuit design in Italy and Europe, supporting researchers and companies to enhance the semiconductor ecosystem and drive technological advancements.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.