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Intel halts developing head-up display based Vaunt glasses, also closes gadget department
Intel confirmed that the Vaunt glasses are not on the market, not even for developers. The project has been completely halted, Intel also closed the underlying division, where these products are developed.
The Vaunt prototype contained no camera, buttons or microphone. The smart glasses looked like ordinary glasses but contained a function to project images onto your retina. The Vaunt should have been available for developers later this year. Intel would now be looking for third parties to bring the product to the market (basically sell it off).
In a statement, Intel says the company sometimes has to take the "difficult decision" to stop the development of a product. Approximately two hundred people worked in the smart consumer products department, of whom a part probably will lose their job.
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Backstabak
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#5538938 Posted on: 04/19/2018 10:29 AM
Yeah, that's what I think as well. After all, that's quite a lot of people working on a product that will not see a light of day for many years to come or possibly even ever. On the other hand, I don't think that Intel has any problems with finances, even with the recent AMD gains. They had, until ZEN, pretty much a monopoly on the desktop CPUs, so some decline cannot be so much felt.
Yeah, that's what I think as well. After all, that's quite a lot of people working on a product that will not see a light of day for many years to come or possibly even ever. On the other hand, I don't think that Intel has any problems with finances, even with the recent AMD gains. They had, until ZEN, pretty much a monopoly on the desktop CPUs, so some decline cannot be so much felt.
fantaskarsef
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Posts: 14590
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#5538942 Posted on: 04/19/2018 10:50 AM
Well it depends on what Intel things the outlook is... if they see their desktop CPU segment breaking away (because AMD might get some foothold with the OEMs), it might mean some money missing, as well as supercomputers etc.
Well it depends on what Intel things the outlook is... if they see their desktop CPU segment breaking away (because AMD might get some foothold with the OEMs), it might mean some money missing, as well as supercomputers etc.
tensai28
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Posts: 1502
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#5538950 Posted on: 04/19/2018 12:10 PM
That sucks. I was looking forward to it.
That sucks. I was looking forward to it.
Fox2232
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#5538952 Posted on: 04/19/2018 12:16 PM
back in the day I did some financial calculations on intel. And how much they can afford to cut prices if Zen proves to be really good.
But in the end Zen was really good. Got extra sales. Put AMD at line between Red and Black.
Intel did not only reduce price, it increased its cost as now you have 6C/12T even on standard desktop platform.
On other hand, large portion of intel's PC revenue does not come from desktops. It comes from mobile, where they sell mobile variant of desktop-i3 at higher price than desktop-i7.
So, their revenue did not exactly suffer, it went up in 2017. Which was helped by PC market growth as whole.
On top of that in comparison to 2016, they saved $2,5B on marketing and restructuring.
Yeah, that's what I think as well. After all, that's quite a lot of people working on a product that will not see a light of day for many years to come or possibly even ever. On the other hand, I don't think that Intel has any problems with finances, even with the recent AMD gains. They had, until ZEN, pretty much a monopoly on the desktop CPUs, so some decline cannot be so much felt.
back in the day I did some financial calculations on intel. And how much they can afford to cut prices if Zen proves to be really good.
But in the end Zen was really good. Got extra sales. Put AMD at line between Red and Black.
Intel did not only reduce price, it increased its cost as now you have 6C/12T even on standard desktop platform.
On other hand, large portion of intel's PC revenue does not come from desktops. It comes from mobile, where they sell mobile variant of desktop-i3 at higher price than desktop-i7.
So, their revenue did not exactly suffer, it went up in 2017. Which was helped by PC market growth as whole.
On top of that in comparison to 2016, they saved $2,5B on marketing and restructuring.
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Maybe they see their revenue decline (because of CPU department), need the funds somewhere else?