Latest in Gear

Image credit: Engadget

Intel reportedly killed its wearables division

Intel apparently let 80 of the division go back in November 2016.
436 Shares
Share
Tweet
Share

Sponsored Links

Engadget

When TechCrunch reported last year that Intel is getting out of wearables, the tech titan vehemently denied it. Now a new report by CNBC indicates that the company is indeed leaving the business behind: the publication says Intel has axed the whole division working on smartwatches and fitness trackers two weeks ago. The New Technologies Group, which is in charge of the chipmaker's cutting-edge businesses, has now reportedly shifted its focus to augmented reality. If true, this is the second project the company has scrapped in recent months: it also canceled the development its Raspberry Pi competitors in June.

According to CNBC's source, the tech giant actually laid off 80 percent of the division's employees in November 2016, so it let fewer people go this time around. A lot of employees in Intel's wearables division came from Basis, the wearable maker it acquired back in 2014 for $100 million. While their division is now dead, they were apparently given the chance to be reassigned to other parts of the company.

Intel purchased Basis in an effort to make a big splash in the wearables space a few years ago. Unfortunately, it had to recall the Basis Peak smartwatch due to overheating concerns, and things never really picked up after that. When we talked to Dr. Jerry Bautista, Intel's wearables VP, at CES earlier this year, it became pretty clear that the corporation had no intention of releasing another Basis-branded smartwatch or fitness tracker.

Needless to say, the division's shut down (if true) didn't come out of left field. Intel hasn't confirmed the report yet, but we might hear something about it during its Q2 earnings call scheduled to take place on July 27th.

Source: CNBC
In this article: basis, gear, intel, wearable, wearables
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
436 Shares
Share
Tweet
Share

Popular on Engadget

Japan will help NASA build a space station near the Moon

Japan will help NASA build a space station near the Moon

View
Razer's first workstation laptop is cheaper than you'd expect

Razer's first workstation laptop is cheaper than you'd expect

View
Nintendo's 'Ring Fit Adventure' hides grown-up workouts in a kids' game

Nintendo's 'Ring Fit Adventure' hides grown-up workouts in a kids' game

View
Huawei wants people to dive into London's River Thames for a Watch GT 2

Huawei wants people to dive into London's River Thames for a Watch GT 2

View
You might want a centrifuge to make this cocktail

You might want a centrifuge to make this cocktail

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr