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The chipmaking giant also appoints the head of its software business, Renee James, as president.
Chairman Andy Bryant says the company is making progress in the area, despite continued hefty losses.
The reorganization comes as the lines dividing consumer electronics devices blur, the chip giant says.
Imagine the profile pictures you could snap with a wearable camera that's also drone. CNET's Sumi Das has more on Nixie, a device that wowed judges at Intel's "Make It Wearable" contest.
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.