The internet of things is great for chipmakers and a challenge for Intel
Yesterday, for the first time, Intel broke out details regarding the revenue associated with the internet of things. It was up 32 percent year over year to $482 million, a veritable nanometer of Intel’s $12.8 billion in total revenue for the first quarter. But the fact that the world’s largest chipmaker decided to break out its IoT platforms and software products marks a trend in the chip world.
Meanwhile, for the companies that have been in the embedded markets for decades selling radios, sensors and microcontrollers that are smaller than 32-bit, the internet of things is a huge opportunity that’s right in their wheelhouse. I’ve covered this before, but focused mainly on microcontrollers and sensors. But thanks to the introduction of the iPhone 5s last year and its dedicated M7 motion sensing processor there’s a new opportunity that IHS iSuppli says will grow 154 percent from last year to the close of 2014.
See the full story here: http://gigaom.com/2014/04/16/the-internet-of-things-is-great-for-chipmakers-and-a-challenge-for-intel/