Intel Launching $100 Million Fund for Smart Devices
The fund is only the latest investment Intel has made in the important China market. The company since 1998 has invested more than $670 million in the Chinese tech space through two other funds. Intel's Krzanich also talked about the company's SoFIA family of integrated mobile SoCs for entry-level and value smartphones and tablets, and demonstrated the first silicon coming from the Atom portfolio. The SoFIA 3G platform will ship to OEMs in the fourth quarter, according to Intel. Wearable devices and the IoT continue to be a key focus for Intel, which in September created a business unit specifically for the Internet of things. Krzanich at IDF unveiled Intel's Gateway Solutions for IoT that is based on the vendor's Quark and Atom chips. The Quark family—unveiled in September 2013—is smaller and more power-efficient than the Atom platform. He also talked about Intel's development platform based on Galileo, a development board created with open-source hardware maker Ardiuno. The first platforms—which have software from Intel subsidiaries Wind River and McAfee—will be available this quarter, with vendors like Shaspa, RocKontrol, TransWiseway and Vnomics developing IoT solutions in such areas as energy and building automation, energy management, transportation, retail, health care and manufacturing."While we work to extend the Intel Quark SoC family with multi-core offerings, we've prioritized bringing the board powered by the 22nm Silvermont dual-core Intel Atom SOC to market first to best meet a broad range of market needs," Bell wrote.
With the Edison platform, Intel on March 28 announced changes it was making. When Krzanich introduced Edison three months ago, it was to be based on Quark SoCs. In a post on the company blog March 28, Michael Bell, corporate vice president and general manager of Intel's New Devices Group, said the first boards will be powered by 22-nanometer dual-core Atom chips. It also will be slightly larger than the original design, which was about the size of an SD card.