Intel Corporation (NASDAQ:INTC) bagged a vital deal to supply processors for a new version of Google Glass which is expected to show up next year, says a report from The Wall Street Journal, which cites sources familiar with the matter. The news, if true, would be the chip maker’s latest move in wearable technology industry, and a significant one too.
Has Intel replaced Texas Instruments?
Prior to Intel, Texas Instruments Incorporated (NASDAQ:TXN) was the supplier of the electronic brains for the first version of Google Glass, according to The WSJ. One of the sources familiar with Intel Corp’s plan informed The WSJ that the chip maker wants to promote wearables among hospital networks and manufacturers, along with creating a new market for the device.