Sources: Intel to shut down its New Devices Group, which was formed in 2013 and made fitness trackers and smart glasses
Intel's long-failing foray into wearables and augmented reality is officially dead. — The chip giant's new devices group will shut down, according to people familiar with the situation.
Sources: Intel planning large number of layoffs in New Devices Group, its wearables division
Update 11/19: Intel is denying that the company is stepping back from wearables, though has not directly commented on the layoff news. Here is the company's statement in full,
Sources: Intel planning large number of layoffs in New Devices Group, its wearables division
According to sources close to the company, Intel is about to step back from wearables in a big way. — In 2014, the company purchased Basis, a little-known producer of some truly excellent fitness wa...