Over the past few years, Big Tech has been quietly (and not so quietly) placing its bets. Meta has been selling AI-enabled Ray-Ban glasses since 2023, Google is building Android XR, and Apple is expected to enter the market. Last week, Samsung was reportedly set to unveil its first AI-capable smart glasses, co-designed with Gentle Monster, at a Galaxy Unpacked event in London this July. China’s Huawei, Alibaba, Xiaomi, and others are all moving too.

The numbers reflect the momentum. Global AI glasses shipments surged to 8.7 million units in 2025, up more than 300% from the prior year, and analysts project that figure will cross 15 million this year, per Omdia.

Suppliers and component makers of AI-powered smart glasses are also positioning themselves for what comes next. One of the companies, a South Korean startup called LetinAR, has spent the last decade building the optical technology that could make all of this actually wearable.

The LG Electronics-backed startup just secured $18.5 million from Korea Development Bank and the South Korean retail giant’s venture arm, Lotte Ventures, among others, ahead of its planned 2027 IPO in South Korea.