Intel Puts Automotive Innovation Into High Gear
To accelerate innovation toward a future of autonomous vehicles, Intel Corporation announced today the availability of a family of hardware and software products called Intel In-Vehicle Solutions, as well as additional investments and advanced technology research aimed at helping the car evolve to better inform, assist and eventually assume control. Intel's Internet of Things Group achieved revenue of $482 million in the first quarter, up 32% year-over-year, driven by strong demand for in-vehicle infotainment (IVI) systems. Intel believes the technology that will power the future of driving is quickly evolving, and through research, investments and new products, it can help the industry shape future driving experiences and bring them to market more quickly.
"To further strengthen Intel's technology partnership with the automotive industry and prepare for the future, we are combining our breadth of experience in consumer electronics and enterprise IT with a holistic automotive investment across product development, industry partnerships and groundbreaking research efforts," said Doug Davis, corporate vice president, Internet of Things Group at Intel. "Our goal is to fuel the evolution from convenience features available in the car today to enhanced safety features of tomorrow and eventually self-driving capabilities."
"To further strengthen Intel's technology partnership with the automotive industry and prepare for the future, we are combining our breadth of experience in consumer electronics and enterprise IT with a holistic automotive investment across product development, industry partnerships and groundbreaking research efforts," said Doug Davis, corporate vice president, Internet of Things Group at Intel. "Our goal is to fuel the evolution from convenience features available in the car today to enhanced safety features of tomorrow and eventually self-driving capabilities."