Re:Snap sold fewer than 42K Spectacles, down 35% in Q2
by cornstalks on Tuesday August 15, 2017 @01:57AM
(#15015873)
You basically just described Bluetooth 3.0 + HS[1]. The Bluetooth connection is used to establish an 802.11 link, over which data is transferred. It's only (up to) 24 Mbit/s, so it's still slower than some (direct) Wi-Fi alternatives, but it's much faster than normal Bluetooth connections.
[1]: https://en.wikipedia.org/wiki/Bluetooth#Bluetooth_3.0_.2B_HS