Thursday in CE: Intel Giving Up on Smart Glasses Might Spell Danger for the Market
We’re barely two months removed from Intel giving The Verge an exclusive look at its New Devices Group and the Vaunt smart glasses that they were working on. However, as of yesterday, that project has been canned, and Intel said it will no longer seek to develop the Vaunt glasses for a consumer launch.
First reported by The Information, the planned closure of the Vaunt project will result in “some layoffs” from the NDG team, which reportedly had around 200 employees.
Granted, Intel hasn’t had the best track record when it comes to developing their own hardware and selling it to consumers, the failure of the Vaunt speaks volumes about the current interest in the smart glasses market from a development standpoint. Intel had been reportedly looking to develop partnerships throughout the supply chain for the Vault glasses—similar, perhaps, to its product partnerships with Tag Heuer and Oakley for other hardware—but couldn’t get anyone to bite. So, like any well-managed company should do, Intel decided to scrap the project before investing (read: wasting) any additional dollars.