Intel May Close Down Wearable Consumer Products Group
By Olabisi Olaleye
Intel may likely close down its ‘New Devices Group’, the department in charge for developing wearable consumer products like Vaunt smart glasses prototype.
This news comes a few months after the company disclosed it had also given up on developing its own smart watches and trackers.
This marks Intel’s definitive departure from the wearable consumer product market, in which it had been working to gain ground in the past five years.
During that period, Intel acquired Basis Science and Recon Instruments, two companies that had been developing health trackers and smart glasses, and released products like the Basis Peak smartwatch.Intel’s recalled Basis Peak smartwatchIntel’s wearables never really managed to attain any widespread success, with the Basis Peak even having to be recalled in 2016 due to overheating problems and Basis application services being shut down, which resulted in all watches becoming non functional.
On the other hand,industy watchers noted that Intel’s limited success in the wearable market means that its absence would likely go unnoticed.Despite its retreat from wearable consumer products, Intel still remains committed to producing chipsets that can be used in wearables and other mobile devices. While it holds a virtually unrivaled position in the desktop processor space, Intel has failed to make any significant stride into mobile, putting it into a dangerous position as technology becomes increasingly portable. However, industry watchers believed that it may be best if Intel sticks to producing chips instead.