Intel Entering Wearable Device Market To Compete With Google and Samsung

rated by 0 users
This post has 1 Reply | 0 Followers

Top 10 Contributor
Posts 25,693
Points 1,156,525
Joined: Sep 2007
News Posted: Mon, Sep 30 2013 10:25 AM
Wearable computing is a burgeoning market, as smartwatches proliferate like rabbits and a consumer release of Google Glass looms on the horizon, and Intel is officially getting in on the action. Intel Capital, the chipmaker’s investment wing, has made a “significant investment” in Recon Instruments, a company that makes HUDs (heads up displays).

The amount of the investment was not disclosed, but Intel did say that it’s involvement would go towards product development as well as marketing and sales. Intel’s technology will find its way into Recon products, and the latter will benefit enormously from the former’s manufacturing and operations expertise, as well.

Recon Jet HUD, now with Intel investment
Recon Instruments Jet

“In Recon Instruments, we see compelling technology and a solid strategy to capitalize on the wearable revolution,” said Intel VP and GM of the New Devices Group Mike Bell. “This is an area of significant focus for Intel Capital, and our investment in Recon Instruments is a key part of our approach to innovation in this emerging space.”

It’s likely that both Intel and Recon Instruments will benefit from Intel’s investment here; it’s highly likely that at some point in the future, consumers will, too.
  • | Post Points: 20
Top 500 Contributor
Posts 97
Points 265
Joined: Dec 2011
kalqlate replied on Mon, Sep 30 2013 9:59 PM

These look pretty cool. Mostly, I'm glad to see that there's going to be healthy competition in this arena to help accelerate the technology and bring down prices. Now, the push will go towards pushing this tech into contact lenses with teeny tiny, wireless-powered, retina-writing lasers. Intel's chip processes will surely help here, and now that they are invested in this area, I imagine that they'll (via Recon) be looking into it.

  • | Post Points: 5
Page 1 of 1 (2 items) | RSS