Hottest Intel plans to sell majority stake in AR g

2022-09-19
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Intel plans to sell the majority equity of AR glasses Department, with a valuation of $350million

on February 2, Bloomberg reported that Intel plans to sell the majority equity of its ar glasses Department. People familiar with the matter said that Intel valued the Department at $350million

the Department plans to sell consumer grade smart glasses as early as this year. Glasses can be paired with through Bluetooth, and AR content can be projected into the wearer's field of view with the help of a laser projector. Taiwan quanta computer company is the outsourcer of this product. The technology used by smart glasses is called superlite in the company, but the Department that sold the equity is likely to be named VA "Zimmermann said unt. The company hopes to seek multiple investors

An Intel spokesman declined to comment

due to difficulties in the wearable market, Intel has reduced the scale of some consumer products. For example, Recon, the AR glasses brand acquired in 2015, was closed. The Department where Intel intends to sell its equity has about 200 employees in the United States, Switzerland and Israel, including some members of the Recon team

Intel does not seek investors for financial needs, but for investors to bring efficient sales channels, industry or design expertise to the Department

Intel CEO Brian koziannik hopes to use the dominance of computer chips to enter other fields

ar glasses and other businesses have little impact on Intel's financial situation. Last year, Intel's annual revenue was a record $62.8 billion, more than half of which came from PC processors and about $19billion from data center business. Intel's most high-end server chips are therefore priced at $13011

both apple and Amazon are developing their own smart glasses. Due to the unfavorable sales of consumer glasses products, Google shifted its focus to enterprise users at the beginning of this year. Intel's competitive direction is likely to provide technology for such devices. If it is not widely accepted in the market, Intel may show technology to potential users

Goldman Sachs estimates that by 2025, the size of the AR and VR hardware market will reach US $110billion, and it can also bring us $72billion in software revenue

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