Intel Corporation (NASDAQ:INTC) recently announced the introduction of new hardware and software technology that would enable the use of voice, touch, gestures and other “human-like senses” in devices equipped with Intel microprocessors.
The RealSense technology has been used for the first time in a super-thin 3D camera that can be embedded in notebooks, tablets and other devices. This camera happens to be the world’s first integrated 3D depth and 2D camera module.
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The newly-developed 3D camera has the ability to detect finger level movements, enabling highly accurate recognition of gestures and facial features for understanding movement and emotions. Additionally, it can determine foregrounds and backgrounds to allow control, improve interactive augmented reality, and scan three dimensional items.
The 3D camera clears the background in a video call so that the focus is solely on the caller. Intel believes that the gestures, voice and touch recognition features will encourage children to participate actively in games rooted in learning.
With an aim to demonstrate the possibilities of video calling and conferencing with the Intel RealSense 3D camera, Intel has decided to partner with Microsoft (MSFT).
The concept of depth-sensing is not new. Microsoft’s Kinect and SoftKinectic’s Depthsense cameras already offer such functions. Apple (AAPL) recently acquired a firm, PrimeSense that also develops depth sensing hardware.
Intel is poised to register growth in the future by emphasizing on its primary sphere of competencies, expanding its core business lines and by forging manufacturing agreements with other OEM manufacturers instead of adding new business lines and moving into the consumer electronics market with flashy new products.
Intel Corporation is one of the world’s largest semiconductor chip makers. Intel reported third-quarter revenues of $13.48 billion, within the guidance range of 13.5 billion (+/-$500 million). This was up 5.2% sequentially and 0.2% year over year. Intel reported third-quarter revenues of $13.48 billion, up 5.2% sequentially and 0.2% year over year. The reported revenues were within the company’s guidance of 13.5 billion (+/-$500 million).
Currently, Intel has a Zacks Rank #3 (Hold). Amtec Systems Inc (ASYS), with a Zacks Rank # 2 (Buy), is a better-ranked stock in the same sector.