- Intel's (INTC) new division, called the Internet of Things Solutions Group, will (like the core Architecture Group) report directly to CEO Brian Krzanich.
- The division is being formed a month after Intel launched a low-power Atom CPU (the E3800) meant for embedded devices, and provided details about its tiny/ultra-low-power Quark CPU for wearable/embedded devices (begins shipping in Q1 2014), and also outlined plans to provide hardware/software reference designs for gateway systems meant to provide connectivity from legacy industrial/infrastructure systems.
- While ASPs for embedded/wearable CPUs are bound to be lower than those for CPUs, the volumes could be huge. While estimates differ plenty on how many Internet-connected embedded devices will ship over the next decade, they generally run well into the tens of billions.
- Intel is bound to face strong competition in this space from ARM (ARMH), whose low-power CPU cores are already found in billions of embedded devices (Internet-connected or otherwise).