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Intel’s IoT scatter gun hits its mark, with admittedly broad definition

Last week Riot reported that Intel had killed off its attempts in the IoT silicon maker market. This week, Intel revealed its second quarter earnings, with robust growth coming from its IoT segment. Continued interest in its industrial, video and automotive segments supported 26% year on year growth to $720m in revenue for the IoT division – in comparison to just 2% growth in the same quarter last year. The earnings statement seems testament to Intel’s scatter gun approach in IoT. Intel has been under pressure to diversify, as most of its revenue still comes from the PC market, the general trend of which has been in decline – where IDC reported that, for the first time in 5 years,…

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