Intel primarily manufactures and markets microprocessors used in servers, desktops and notebooks. As Intel’s PC sales have slowed, it has increased its focus on the IoT segment, which is considered to be the next big driver for the semiconductor industry. IoT accounts for less than 5% of Intel’s revenue at present, though we forecast the revenue contribution will almost double over the next five years. This scenario is quite likely considering that the company has been significantly expanding its IoT portfolio through acquisitions. Intel recently has made numerous acquisitions to build out this segment, including Basic Science, Recon Instruments, Vuzix, Yogitech, Itseez, Arynga, etc. The company has also introduced a new generation low-power microprocessors (e.g., Curie) and created a reference platform for easy & quick implementation of IoT solutions. In addition, Intel has established partnerships with different fashion, fitness and lifestyle brands that include: 1) Daqri Smart Helmet and Fossil; 2) TAG Heuer and Michael Kors for smart watches; 3) Opening Ceremony, TAG Heuer & Google to create a Swiss smartwatch; and, 4) Luxottica to manufacture Smart Sun Glasses.

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