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Intel lays off most staff, but keeps the wearables business

TAG Heuer Connected luxury smartwatch, Intel does not leave the wearables market
Intel-powered TAG Heuer Connected
Not long after insiders familiar with the matter unveiled that Intel is laying off a large number of its New Devices Group employees, the IT giant issued a statement that highlights the company "is in no way stepping back from the wearables business."
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Although Intel processors are dominating the PC market, its New Devices Group is apparently not doing that great. In fact, recent rumors coming from insiders familiar with the matter revealed that most of the NDG employees received notifications and would lose their jobs by the end of the year. Now, the company has just issued an official statement on this matter that contradicts the rumors.

This statement of the leading chip maker reads the following: "Intel is in no way stepping back from the wearables business. In fact, we have several products in the works that we are very excited about, as well as prior launches that highlight our wearable technology such as the TAG Heuer Connected watch and recent Oakley Radar Pace smart eyewear."

The New Devices Group was founded back in 2014 after Intel acquired Basis, a virtually anonymous company that had a few excellent fitness watches under its belt. Unfortunately, the Intel Basis Peak smartwatch has been discontinued due to overheating issues, although only 0.2 percent of the units sold were affected, according to the company.

Now, remains to see what future holds for NDG, since Intel claims the company has no plans to leave this sector of the market. As usual, we will keep you posted, so stay tuned.

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5461 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2016 11 > Intel lays off most staff, but keeps the wearables business
Codrut Nistor, 2016-11-21 (Update: 2016-11-21)