Silicon Valley is the place to shop for the flavor of the day, especially when it comes to hyped-up new technology businesses. But some companies, Intel especially, are known to lose their taste for ongoing risk, losses and market uncertainty.
Examples of high-flying electronic markets Intel has abandoned over the years include mobile processor market, motherboards, the Atom chip. Now comes word that Intel is scaling back operations further in some highly touted electronics market sectors, including IoT, health wearables, and the maker board market.
For details on the chip maker’s retrenchment see:
- Is Intel quietly abandoning IoT plans?
- Intel closing wearables business
- Intel axes Arduino 101 and Curie module as it steps back from maker boards
Adding insult to injury, Intel’s principal engineer François Piednoël is quitting the semiconductor giant after 20 years. The news comes as Samsung eclipses Intel as world’s No. 1 chip maker.
