Intel plans to dominate the wearable market

On April 14th, according to foreign media reports, the wearable device market will become a large industry with a scale of US$10 billion (approximately RMB 61.5 billion) in 2016. For this reason, high-tech giants, including Google and Intel, all intend to share a share in this market.

With Google Glass upcoming on the market, Google is working with Luxottica Group to add Ray-Ban and Oakley frames to Google Glass. In addition, Google is still working with Fossil and other fashion brands, plans to sell Android smart watches on the market by the end of the year. However, Google may face strong competitive pressure from Intel in the wearable device market.

In fact, Intel "is not in the ordinary way" in the wearable device market, and this strategy may bring great returns to Intel in the future.

In order to dominate the wearable device market, Intel will award $1.3 million (approximately RMB 7.99 million) in cash to winners of the "Make It Wearable" contest. The purpose of this competition is to provide designers and scientists worldwide with a platform to turn their wearable device ideas into reality and promote innovation in the field of wearable devices. In addition to bonuses, Intel will work with the winning team to transform their ideas into useful products.

For Intel, disruptive products are exciting because it allows Intel to understand the ideas that may revolutionize the wearable device market.

"Make It Wearable" is not Intel's only move in the wearable device market, and Intel is also involved in other wearable device projects, including working with agencies such as Barneys New York. Barneys New York and others are developing wearable devices that use Intel chips and technologies, such as smart bracelets.

Intel also hopes to occupy the wearable device market through back-end technologies such as the Edison computer. Intel hopes that Edison's relatively small size and low power consumption will enable it to be used in a variety of smart consumer electronics products.

Wearable technology will have a profound impact on people's daily lives and is still in the early stages of development. Intel has proved that it has the conditions to become a leader in this field.