Intel is Working on Smart Glasses to Rival Google Glass.
Vuzix, which is a multinational technology business firm (mainly a smart eye-wearable maker), publicized on Friday that Intel has invested $24.8 million into its company. It besides develops software and calculator-display devices.
I of the companies partnering with Intel is Vuzix @Credit URL
Intel is working hard to compete in the face-wear applied science industry
Vuzix said that the funding provided by its own company will be used for full general working capital in society to make improve glasses than for example Google glasses by enhancing and pushing forward the internet connected spectacles which are stylish and more visually highly-seasoned in nature. The investment contains preferred stocks which are convertible stocks significant thereby, that they can be inverse into common stocks given that in that location is a need to change. Intel also appears to express considerateness in the always growing classification of smart glasses fifty-fifty in the Consumer Electronics Testify, 2022.
"The growth of article of clothing engineering is creating a new playing field for innovation," said Intel CEO Brian Krzanich. "Through our collaboration with Luxottica Group, we volition unite our corresponding ecosystems and join Intel'south leading-edge silicon and software technology with Luxottica'south blueprint innovation and consumer expertise. We wait the combination of our expertise to help bulldoze a much faster pace of innovation and push the envelope of what'south possible."
"This is an incredible opportunity for us to continue to innovate and farther shape the hereafter of eyewear," said Massimo Vian, CEO of Luxottica Group. "Together with Intel, we volition continue to develop the potential of wearables, expanding the limits of what eyewear can be. Nosotros'll atomic number 82 the modify to create frames that are as intelligent and functional as they are beautiful. Products that consumers volition love to wear."
Where a lot of companies are working now on the integration of engineering science with the confront wear, Intel seems to caput their style at present after the launch of Google glasses. Where Google has got the most publicity to its tech based facegear, it'south now inevitable for other companies to first working in this field of engineering. Since Intel overlooked on the early on moving ridge of advancement in mobile engineering science. Information technology'southward now working hard to go a groundbreaker in smart wearables. Intel is now designing its own devices and also, the components for other devices. Autonomously from the Vuzix investment Intel is besides in working terms with the Italia based company Luxottica (which is the largest eye-vesture company of the world) in club to integrate more technology into its trendy and stylish glasses and face gears. It started working with the company nigh a month ago and their first product is expected to launch this year.
The other one is the 'lead eye-wearable company' Luxottica @Credit URL
Consumer Electronic Prove, this twelvemonth will provide hint and signs that how much development has been washed in this category of products and the hype it is creating in order to get practiced consumer response that other technology wearables is still striving for. Intel has also developed friendly terms with Fossil group in guild to progress in the category of fashion bracelets with advice and other tech features. People interested in tech are already looking forward to this healthy contest between gadget makers.
Source: https://wccftech.com/intel-working-smart-glasses-google-leader/
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