Boston, MA 06/03/2014 (wallstreetpr) – Intel Corporation (NASDAQ:INTC) is accelerating with its SoC platform and new advent technological advancements. It is rapidly annexing market in various segments from driverless cars to processors and allied devices.
Revolutionizing Driverless Car Technology
Intel Corporation (NASDAQ:INTC) has been a propeller in the driverless cars segment when it comes to the infotainment system. After bringing the technology to the next level, it is now moving forward to increasing its ambit by reducing the cost of technology significantly. It has recently released its latest solution known as intel-in vehicle. This helps in providing the chip technology along with know-how features in the automated cars. General Manager of Intel’s Auto and Solution division, Elliot Garbus remarked that the company has made a move towards bringing down the mainframe technology to the majority of users.
Sensors segment is one of the currently innovating areas under the Intel Corporation (NASDAQ:INTC)’s brand. The problematic devices result in almost 98% of accidents. However, its latest technology has potential to reduce the accidents by almost 60%.
The Abandonment Of The Project
With the shut-down of Intel’s IPTV project after its sale to Verizon, the project head, Erik Huggers also left the company. He has been hired by the Verizon Company to lead the project. However, he confirmed that the step is taken on good terms with the Intel Company and is not a hostile decision in any manner. Further, Verizon sees it as an excellent opportunity to make a move towards solidifying the project which remained as a vapor till now.
Partnering for Advancement
Intel has recently announced to enter into a new venture with another leading company- Rockchip. The company made this move towards utilizing the growing Chinese market towards expanding Intel based SoC platform along with chip technology to growing tablets and other ultra-mobile gadgets. As per the agreement Intel seeks to under its brand name, quad core technology and processors via SOC platform that is connected with Intel’s 3G modem. This helps Intel Corporation (NASDAQ:INTC) in diversifying the comprehensive offerings.
