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Intel and Fossil to create wearable tech
September 5, 2014 / 9:25 PM / 3 years ago

Intel and Fossil to create wearable tech

SAN FRANCISCO (Reuters) - Chipmaker Intel Corp on Friday said it would work with watches and fashion accessory retailer Fossil Group to develop wearable computing devices.

An employee walks past an Intel logo during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in Taipei June 3, 2014. Computex, the world's second largest computer show, runs from June 3 to 7. REUTERS/Pichi Chuang

The collaboration comes as Intel tries to expand beyond the personal computer industry into new markets, including tablets and a growing wave of “smart” watches and other Internet-connected garments.

As well as cooperating on technology-oriented fashion products, Fossil will help Intel’s venture capital arm look for investments to accelerate innovation in wearable computing, Intel said in a statement.

Intel has also been working with design company Opening Ceremony to launch a fashion bracelet with semi-precious gems, communications features and wireless charging.

Reporting by Noel Randewich; Editing by Dan Grebler

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