“Intel has confirmed that it plans to shut down the New Devices Group (NDG), and cease development on the Vaunt smart glasses project we revealed earlier this year,” Dieter Bohn reports for The Verge. “The story was first reported [Wednesday] evening by The Information, which also notes that the closure will probably result in “some layoffs” from the team that was reportedly around 200 people.”

“It was always unclear how precisely Intel intended to bring the Vaunt glasses to market, though sources indicated that Intel wanted to find a partner with retail expertise to partner with,” Bohn reports. “Intel has had a difficult time creating consumer products directly. It’s had partnerships with companies like Oakley and Tag Heuer in the wearables space, but neither found mass market success. If the company wasn’t able to successfully find a similar partner to handle Vaunt, it’s not exactly a surprise that it chose not to try to bring them to market directly.”

Bohn reports, “That’s not Intel’s game — and CEO Brian Krzanich likely has other concerns like the ongoing worries about Spectre and Apple’s rumored plans to ditch its chips altogether.”

Read more in the full article here.

MacDailyNews Take: Another one bites the dust in the race to marketable, useful smart glasses.

SEE ALSO:
Apple smart glasses are inevitable – July 28, 2017
Gene Munster: Apple Glasses will soon outshine the iPhone – June 28, 2017
Gene Munster: Expect Apple smart glasses in mid-2020 – June 27, 2017
UBS: Apple may eventually launch ‘iGlass’ smart glasses – June 20, 2017

Apple granted U.S. patent for hybrid VR head-mounted display – February 18, 2015
Apple is working on VR user interfaces and gaming; looking for Oculus and Leap experts – February 10, 2015
Apple granted patent for display-based speakers for iOS devices – January 13, 2015
Apple granted a patent for devices with a transparent display – November 18, 2014
Apple patent application reveals personal display headset invention – May 8, 2014
Google Glass-wearing woman claims attack at San Francisco bar – February 26, 2014
One year wearing Google Glass: ‘Look at that asshole’ – December 31, 2013
Apple patent application reveals wildly intelligent multi-tiered haptics system – May 3, 2012
Apple continues to tweak Apple TV video headset accessory – April 10, 2014
Apple patent application reveals sapphire flexible transparent display devices created with Liquidmetal – December 19, 2013
Apple granted knockout patent for head-mounted personal display – December 10, 2013
iGlasses: Apple granted patent for head-mounted augmented reality displays – July 5, 2012

[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]