About ten years ago, Intel began to enter emerging markets such as wearable devices, AR/VR applications, smartphones/tablets, and robotic smart cameras to promote further growth. The company’s newly established business is rarely successful, so in the last year, Intel stopped its smart phones, wearable devices, AR/VR and other efforts.It’s time this week Reality Camera and computer vision business.
In order to focus on its core business, such as the development and sales of CPUs and SoCs for server and client PCs and other applications, Intel decided to close its smart camera and computer vision business, the company confirmed CRNThe personnel, technology, and IP developed by the company for RealSense products will be transitioned to better serve the company’s new core business.
Intel said in a statement: “We are reducing our RealSense business and transforming our computer vision talent, technology and products to focus on advancing innovative technologies that better support our core business and IDM 2.0 strategy.” CRN read. “We will continue to fulfill our commitments to existing customers and work with our employees and customers to ensure a smooth transition.”
Intel established the RealSense business unit from 2014 to 2015, aiming to develop computer vision technology for a wide range of applications from PCs to robots. The company has developed a wide range of RealSense brand products, including stereo cameras, RGB cameras, lidars, vision processor ASICs and many other units. The company also uses RealSense for its drones.
Although Intel has made considerable efforts in its RealSense products and supporting hardware and software, the product lineup has always been a series of niche products for developers of emerging applications that require computer vision. Although computer vision technology is becoming more and more important nowadays, large companies like automakers tend to develop their own technologies, while smaller manufacturers do not require mass production, while Intel focuses on mass production of products.
It remains to be seen how Intel will use the technology developed for its actual products. Perhaps, Intel will be able to use some of its IP for its MobileEye division, which develops autonomous vehicles and advanced driver assistance systems (ADAS), but at this point, we can only speculate on Intel’s intentions.