Around the Net

Intel Retools Business For Autonomous Cars

  • Fortune, Thursday, December 1, 2016 9:51 AM

Intel is reorganizing its business and creating a new division dedicated to autonomous driving as the semiconductor giant ramps up its effort to dominate the fast-emerging market. The world’s largest semiconductor maker announced Tuesday that the new division, called the Automated Driving Group, spun out of its Internet of Things business, an area where Intel has deepened its stake in the past year. Doug Davis, a long-time executive who managed the company’s Internet of Things business, will now lead the Automated Driving Group. Kathy Winter, formerly of Delphi, will be the vice president and general manager of the new division.

Read the whole story at Fortune »

Next story loading loading..