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The chipmaking giant also appoints the head of its software business, Renee James, as president.
The world's largest chipmaker by sales continued to post stronger numbers in its PC and data-center businesses, but its mobile unit posted just $1 million in revenue and another huge loss.
CEO Brian Krzanich reveals origin of the charging bowl for smartphones and electronics but is mum on an expected price.
The next wave of consumer electronics could come from the maker movement and indie developers. Intel's Edward Ross wants to make the company's chips a key part of that trend.
Despite a rocky start in mobile, the chipmaker forged ahead with its second major mobile partnership in China this year.
Intel is confident wearables are the next frontier. But the chipmaker's approach to developing the gadgets is the polar opposite of that taken by the industry's biggest contenders.
The Dell Venue 8 7000 series is the world's thinnest tablet. But its standout feature is Intel's RealSense depth camera that, when it makes its way to smartphones, will revamp mobile photography.
The chipmaker, which first announced plans for the bracelet in January, is expected to unveil the wearable in the coming weeks, a person familiar with the matter told CNET.
A fake press release says the chipmaker is pulling out of its $6 billion investment because of the "destruction and loss of life resulting from Israel's recent assault on Gaza."
The company is trying to bring the cost of smartphones down to as little as $50.