Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Intel Core i7 4770K (Haswell 4th Gen) CPU and Z87 Express Chipset Review
Includes benchmarks and overclocking...
http://www.tweaktown.com/reviews/5522/intel-core-i7-4770k-haswell-4th-gen-cpu-and-z87-express-chipset-review/index.html
What a great article! My favorite paragraph was the summation, and it also confirms Intel's comment on big.little being an abomination:
And to put a nail through such false claims which cannot subjectively hold their weight: We have Samsung’s own leaked internal presentation where they admit that cluster migration only holds a limited power advantage and use of a big.LITTLE system, it goes against ARM’s own claims, and through discussions with persons involved in development of software for the system: “PR bullshit”.
Many on this board expressed the real competitor to fear is Samsung, but this puts some of that worry to rest.
You can really feel the momentum building for Intel right now. People are really starting to get it that their tech is supreme. Even some analysts (added separately here because they most likely are not people) are buying a clue.
Can anyone post the Barron's article from today? Would like to read it.
Thanks for the post, mas.
Intel shifting Celeron, Pentium chips to Atom architecture
Intel's upcoming Atom tablet chip code-named Bay Trail will be repurposed for use in the company's Celeron and Pentium chips for entry-level laptops, desktops and all-in-ones, Intel said on Friday.
Intel's Bay Trail chip is based on the Atom architecture, which is in low-power smartphones, tablets and netbooks. Beyond the tablet chip, Intel will release Bay Trail-M (mobile) and Bay Trail-D (desktop) parts, which will be available under the Celeron and Pentium brands, Intel spokeswoman Kathy Gill said in an e-mail.
Pentium and Celeron chips are used in low-cost PCs, and the move represents an architectural shift for those brands. It also represents Intel's wider reliance on Atom architecture for entry-level computing. Bay Trail is based on the Silvermont architecture, which Intel claims will be up to three times faster and five times more power efficient than older Atom cores.
Silvermont will now power Intel Inside devices including entry-level PCs, tablets, smartphones and low-power servers. Intel is using Silvermont in its upcoming smartphone chips code-named Merrifield, which are due to ship early next year. Intel previously announced it would use Bay Trail in PCs, but did not announce branding for the new chips.
"Because of the advancements and flexibility of the ... Silvermont microarchitecture, we can customize the Bay Trail feature sets and develop variants of Bay Trail that will power a new crop of computing products at a variety of price points," Gill said.
Intel is expected to share more details about Bay Trail chips at the Computex trade show in Taipei next week. The company could show Bay Trail tablets running Windows or Android at the trade show. PCs and tablets with Bay Trail are expected to be released later this year.
The inexpensive Pentium and Celeron chips have been based on the same architecture used in the company's faster Core chips, but with fewer features. The most recent Pentium and Celeron chips were based on Intel's Ivy Bridge architecture.
At Computex Intel will announce new Core chips based on the Haswell microarchitecture, but it remains to be seen whether Pentium or Celeron chips will be based on that chip design.
"We have Celeron and Pentium products today based on our Ivy Bridge microarchitecture; we aren't ready to disclose additional details on Haswell plans at this time," Gill said.
Customers reacted negatively when Intel rebranded its PC chips in 2009 to Core i3, i5 and i7.
Intel released its first Pentium chip, running at 66MHz, in 1993, and the first Celeron chip running, at 300MHz, in 1998. Since then, PCs with those chips have sold well, and Pentium remains a brand name buyers identify with. The chips compete with AMD's low-end chips such as the A4, A6, Sempron and Athlon.
"The goal is to offer our customers the broadest selection of form factors, features and experiences at a range of price points," Gill said.
http://www.pcworld.com/article/2040401/intel-shifting-celeron-pentium-chips-to-atom-architecture.html
Intel Teases 9.5-Hour Battery Life From Haswell-Based Core i7
http://www.tomshardware.com/news/core-i7-haswell-battery-life,22814.html
Inspired by Alan’s work, Intel’s François Piednoël sent us an early peek at a prototype notebook with a Haswell-based Core i7 (that’s a Core i7, not an Atom), also time-lapsed, running for 9.5 hours using MobileMark 2012.
Intel Adding more GPS capability to the portfolio...
ST-Ericsson sells GPS business to Intel
(Reuters) - ST-Ericsson, a money-losing joint venture being wound down by owners STMicroelectronics and Ericsson, has sold its GPS mobile business to Intel.
ST-Ericsson, which focuses on mobile and wireless chips, announced the sale on Tuesday without naming the buyer. An Intel spokesman later said the U.S. chipmaker bought the assets.
Neither company revealed the price, but ST-Ericsson said the proceeds from the sale, combined with the avoidance of employee restructuring charges and other related restructuring costs, would reduce the joint venture's cash needs by approximately $90 million.
STMicro and Ericsson announced in March they were winding down ST-Ericsson, which has been hit by a big drop in orders from top customer Nokia and has struggled to compete with other chipmakers.
ST-Ericsson's GPS-related intellectual property rights and engineers add to Intel's already existing GPS assets, Intel spokesman Chris Kraeuter said.
http://www.reuters.com/article/2013/05/28/us-stericsson-gps-idUSBRE94R0SO20130528
It never hurts to be involved in another mobile eco system...
Big Tizen Announcement Coming Tomorrow Morning
The Tizen Developers Conference in San Francisco has already kicked off, but the big news won’t come until May 24. Samsung and Intel are expected to unveil Tizen 2.1 tomorrow morning. The two firms could possibly announce the first Tizen handset as well.
According to Tizen Indonesia, the new mobile OS (nicknamed Nectarine during development) is almost ready to launch and Samsung should be able to release the first Tizen smartphone by July 2013 in Europe and Japan. There’s no word when it will launch in America, if ever.
Tomorrow’s keynote will feature the co-chairs of the Tizen Technical Steering Group: General Manager of the Intel Open Source Technology Center Imad Sousou and Samsung Executive VP Jong-Deok Choi.
Tizen Indonesia also reported that Tizen 2.1 will offer several new features, including a unique UI. Samsung is expected to use its best hardware available to make sure the new handset is a success. Though, if the Galaxy S4 is any indication, that could mean another plastic handset.
We’ve been hearing rumors since last December that a Tizen handset was coming this year, right around the time Samsung officially announced its intention to sell its own Tizen devices. Samsung used to sell devices powered by Bada, which it also created before merging that platform into Tizen.
SOURCE TIZEN INDONESIA
http://www.technobuffalo.com/2013/05/23/tizen-2-1-samsung-intel-announcement/
No certain idea, but I keep waiting for a deal on one of their compounds in a partnership deal. That will be a nice catalyst.
This article is a really fun read. No doubt in the argument from the author's perspective! Former Intel Engineer...
Structural Change In The Mobile Processor Marketplace: Intel Wins; ARM, AMD Lose
http://seekingalpha.com/article/1447081-structural-change-in-the-mobile-processor-marketplace-intel-wins-arm-amd-lose?source=email_rt_article_title
This is very interesting, and a big win. Found some more info with benchmarks showing how powerful the atom is compared to prior processors in the Galaxy. This one is tempting and fills a gap until Baytrail.
++++++++++++++++++++++++++++++++++++++++++++
Samsung Galaxy Tab 3 10.1, both Wi-Fi-Only (GT-P5200) and 3G (GT-P5210) variants, appear on GLBenchmark’s servers. The Galaxy Tab 3 10.1 is yet to be announced by Samsung itself, but the the device has been circulating around the rumour mill for quite some time now.
According to the benchmark, the Galaxy Tab 3 10.1 packs a Dual-Core Intel Atom Z2560 processor clocked at 1.6GHz with Hyper-Threading, a PowerVR SGX 544 MP2 graphics processor with a clock speed of 400MHz, a 10.1-inch WXGA (1280×800) display and will come with Android 4.2.2 Jelly Bean out of the box.
The Galaxy Tab 3 10.1 made an appearance in a leaked Antutu benchmark, earlier this month. The device scored a whopping 24616 points, which brings this into Qualcomm Snapdragon 600 and Samsung Exynos 5 Octa territory. This is the highest score we have seen on any tablet device, the Nexus 10 with Samsung’s Exynos 5 Dual (5250) processor scored around 13K points on Antutu.
It certainly seems that the Galaxy Tab 3 10.1 will be one hell of a performance beast and the only downside being the low resolution WXVGA (1280×800) display. We hope these benchmarks were performed on an early prototype and the final product might have a high-res display.
We compared Galaxy Tab 3 10.1's 3D Graphics performance with the Galaxy Tab 2 10.1 and the Galaxy Note 10.1.
http://www.sammobile.com/2013/05/18/samsung-galaxy-tab-3-10-1-makes-an-appearance-on-glbenchmark-intel-atom-z2560-inside/
Thanks for the post, but my only point was that Haswell is showing up in the wild now.
While my previous post says "ships today" another is showing Preorder...
http://www.tomshardware.co.uk/Intel-Core-i7-4770K-Price-preorder-release-date,news-43998.html
Buy your Haswell today??? Core i7-4770K
http://www.pcconnection.com/IPA/Shop/Product/Detail.htm?sku=15538268&cac=Result
The march upward should continue...
MARKET TALK: RBC Upbeat on Intel's Mobile Prospects, Margins
BY Dow Jones Company, Inc.
— 7:53 AM ET 05/06/2013
7:53 EDT - Intel (INTC) seeing a little premarket lift after RBC Capital Markets upgrades shares to outperform from sector perform. "Our call is based on better than expected 2013 gross margins, increasing traction of Intel's (INTC) ultra- mobile platform, and an all-time bottom with PC sentiment," which suggests negative news on PC front is priced in, firm says. While RBC sees "little downside from current expectations" on PCs, it views "the trajectory of PC sales declines as our biggest risk to this call." Firm also says "positive change" in leadership removes "some risk of the unexpected." INTC up 1% at $24.21 premarket. (john.shipman@dowjones.com)
Here is a Bloomberg interview from a while back. Gives you a feel for the new CEO.
http://www.bloomberg.com/video/92741455-intel-s-pace-of-innovation-about-right-coo-says.html
I am happy it was an insider. Stock's taking a knee jerk reaction down, but I don't think that will last long.
Intel (INTC) Names Brian Krzanich to Succeed Otellini as CEO
Intel (NASDAQ: INTC) announced hat the board of directors has unanimously elected Brian Krzanich as its next chief executive officer (CEO), succeeding Paul Otellini. Krzanich will assume his new role at the company’s annual stockholders’ meeting on May 16.
Krzanich, Intel’s chief operating officer since January 2012, will become the sixth CEO in Intel’s history. As previously announced, Otellini will step down as CEO and from the board of directors on May 16.
“After a thorough and deliberate selection process, the board of directors is delighted that Krzanich will lead Intel as we define and invent the next generation of technology that will shape the future of computing,” said Andy Bryant, chairman of Intel.
“Brian is a strong leader with a passion for technology and deep understanding of the business,” Bryant added. “His track record of execution and strategic leadership, combined with his open-minded approach to problem solving has earned him the respect of employees, customers and partners worldwide. He has the right combination of knowledge, depth and experience to lead the company during this period of rapid technology and industry change.”
Krzanich, 52, has progressed through a series of technical and leadership roles since joining Intel in 1982.
“I am deeply honored by the opportunity to lead Intel,” said Krzanich. “We have amazing assets, tremendous talent, and an unmatched legacy of innovation and execution. I look forward to working with our leadership team and employees worldwide to continue our proud legacy, while moving even faster into ultra-mobility, to lead Intel into the next era.”
The board of directors elected Renée James, 48, to be president of Intel. She will also assume her new role on May 16, joining Krzanich in Intel’s executive office.
The light bulbs are starting to come on.... A recommendation to sell ARM...
http://www.economy-news.co.uk/shares/share-price-drivers/3305-arm-holdings-plc-a-sell-on-intel-corporation-threat-443543
ARM Holdings plc (LON:ARM) share are powering ahead today; ARM stock is 1.2 pct higher at 1008 at 9:14 in London.
Investors clearly refuse to be concerned about the growing threat to ARM's market share in the lower powered processor space posed by arch-rival Intel Corporation (NASDAQ:INTC).
They should be though warns sector analyst Janardan Menon at Liberum Capital who has reiterated his Sell case for shares in ARM Holdings plc.
The latest warning comes on the back of The Linley Group's Microprocessor Report that claims Intel lead in low power servers.
The recent issue the Microprocessor report states that Intel Corp has become more aggressive with low power chips for the micro-server market to compete with ARM-based products, resulting in Intel’s low power server chips leading their ARM-based competitors.
Specifically it states that Intel’s Avoton, the 22nm successor of the current Intel Centerton is about a quarter head of Applied Micro’s ARM-based X-Gene processor and a year ahead of AMD’s ARM-based processor.
"This is in line with our views that Intel has largely caught up with ARM architecture in terms of power consumption and performance, both in low-end servers as well as smartphones and tablets," says Menon.
In servers as noted previously, HP’s ultra-low power Moonshot server program is initially using Intel’s processors and is expected to subsequently start using ARM-based processors as well.
Menon says:
"We believe that this catching up by Intel on power consumption will limit the market share gains by the ARM camp on the server platform. We also expect Intel to gradually take share in smartphones and tablets from ARM through numerous customers such as Motorola, ZTE, Asus, Acer and others that have already been announced, and additional customers that we expect to be announced in future. We maintain our sell recommendation on ARM."
Not much new here, but this is what my next tablet will have under the hood.
Report: Intel Bay Trail Tablets to Arrive in Q4 2013
According to Fudzilla’s “industry sources,” tablets featuring Intel’s upcoming quad-core Atom “Bay Trail”
SoC will arrive in Q4 2013, specifically in time for the 2013 holiday season and the important consumer holidays of Thanksgiving, Black Friday and Boxing Day. Fudzilla further adds that this new date is a “slight delay” from their original projections of between August and December and that they believe that “Bay Trail” will have a “tough time to fight many ARM based tablets” in the near future.
Naturally, we’ll have to wait until the devices are formally released before we judge the hype or reach a final conclusion on Intel’s “Bay Trail” platform. It is worth bearing in mind that AMD’s “Temash”-based tablets are expected to be unveiled at Computex 2013 in June.
http://www.tomshardware.com/news/Intel-Bay-Trail-Tablet-Atom,22304.html
Just as a reminder, it was May 7 of last year when Intel announced the last dividend increase. We may hear something over the next two weeks...
We are at some of the highest short levels for INTC. I think $22 just spooked several and we can enjoy the ride.
Settlement Date Short Interest
3/28/2013 238,762,872
3/15/2013 233,896,426
2/28/2013 216,006,917
2/15/2013 208,197,763
1/31/2013 196,957,970
1/15/2013 205,835,193
12/31/2012 215,503,710
12/14/2012 229,603,159
11/30/2012 220,533,512
Read more: http://www.nasdaq.com/symbol/intc/short-interest#ixzz2Q4NGndNL
Speaking of 1.5%, we Intel longs just made that this morning in the first hour. Nice.
40% of nothing is still close to nothing. Even after the divy bump, it only yields 1.5%. Not enough to attract or involve income followers.
Rexahn Pharmaceuticals to Present data on the Mechanism of action of RX-5902: A first-in-class inhibitor of p68 helicase for the treatment of solid tumors at AACR Annual Meeting 2013
Glad to see this activity happening.
http://www.rexahn.com/cms/index.php/2013/04/rexahn-pharmaceuticals-to-present-data-on-the-mechanism-of-action-of-rx-5902-a-first-in-class-inhibitor-of-p68-helicase-for-the-treatment-of-solid-tumors-at-aacr-annual-meeting-2013/
The last increase was 1.5 cents. I not expecting a large one, just that they will do something.
I'll be happy to take the bet that they raise next quarter.
Dividend Yield:
4.20 %
Dividend Yield 5yr Avg:
3.40 %
Dividend Rate:
$ 0.90 %
Dividend Payout Ratio:
42.00 %
Dividend Payout Ratio 5yr Avg:
49.00 %
Dividend Growth Rate 3yr Avg:
15.46 %
Dividend Growth Rate 5yr Avg:
13.99 %
Dividend AllStar™ Ranking:
Consecutive Div. Increases:
9 years
This is the fourth dividend at the .225 level. Next up should be an increase.
9:16 AM Intel Corporation (INTC) declares $0.225/share quarterly dividend, in line with previous. Forward yield 4.25%. For shareholders of record May 07. Payable June 01. Ex-div date May 03.
Very pessimistic. I would believe $19 only if they had warned this week. We'll see.
Intel may obtain 10% of Apple A7 processor orders, say institutional investors
Foundry service providers Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics are reportedly competing for Apple's A7 processor orders. Rumors regarding the possibility of Intel obtaining the orders have also spread. According to institutional investors, Intel may obtain 10% of Apple's A7 processor orders.
The patent lawsuits between Samsung and Apple have been heating up, causing the latter to reduce its reliance on the former. Apple has been shifting orders of DRAM, mobile RAM chips and panels away from Samsung. Samsung used to be the sole OEM firm for Apple's processors, but the latter has now begun to issue orders to other firms.
TSMC has been said to become the second largest supplier for Apple's A7 processors and production is reportedly to begin in 2014. But recent rumors have spread that Intel may also receive Apple's orders.
According to institutional investors, Samsung is likely to receive 50% of the A7 processor orders, TSMC 40%, and Intel 10%.
In the past, Apple's processor orders were unattractive because of low profit margins and Samsung was the only cooperating firm. In addition, at the time Samsung's smartphones were no threat to Apple's iPhone. But Samsung has since become the biggest smartphone vendor in the world.
http://www.digitimes.com/news/a20130312PD203.html
FWIW:
11:42 AM VMware (VMW) CEO and former Intel (INTC) Pat Gelsinger has joined the list of potential successors to Intel CEO Paul Otellini, Quartz reports. Former Motorola Mobility CEO Sanjay Jha (previous) is also said to be in the running, "along with other internal and external candidates." Gelsinger served as Intel's CTO from 2000-2005, and as the head of its enterprise ops from 2005-2009. Bloomberg reported last month Intel has hired recruiting firm Spencer Stuart to aid its CEO search.
Analysis: Next Intel CEO to guide new business, maybe Apple deal
http://www.reuters.com/article/2013/03/07/us-intel-foundry-idUSBRE92609R20130307
(Reuters) - Intel's next CEO is likely to shepherd the top chipmaker into a growing contract-manufacturing business, a strategic shift that could lead to a deal with Apple Inc and give it a fighting chance to make inroads in the mobile arena.
Manufacturing chips on behalf of other companies is a major departure for Intel, which for decades has based its business on using its manufacturing prowess to offer its own PC chips superior to rival products. As PC sales contract and Intel's fabrication plants operate at less than full capacity, the chipmaker sees an opportunity to fill idle production lines while earning new revenue.
Such a move may also offer a backdoor of sorts into large-scale production of chips for mobile devices, where Intel has made little headway after underestimating the impact of the iPhone and iPad and falling behind more nimble rivals.
Intel said last week it will open up its prized manufacturing technology to make chips designed by fellow chipmaker Altera -- snagging its first sizeable customer in a contract manufacturing, or "foundry", business expected to grow.
That has spurred talk of an Apple deal. A source close to one of the companies says Intel and Apple executives have discussed the issue in the past year but no agreement has been reached.
"If you can have a strategic relationship where you're making chips for one of the largest mobile players, you should definitely consider that. And for Apple, that gets them a big advantage." said Pat Becker Jr, of Becker Capital Management, which owned about $39 million worth of Intel shares at the end of last year.
Intel's plan entails heavy capital spending, even as it struggles in its core market and has yet to find enough new demand to fill future fabrication plants. It would also mean getting into a foundry sector that, because it depends on volume to drive business, is highly vulnerable to economic swings and could compress Intel's industry-leading margins.
But it is a bet that analysts say is necessary if Intel wants to remain a top player. The company believes that taking on more contract manufacturing business will not only help fill an upcoming generation of production lines, but help pay for the cost of research to upgrade them.
After Intel upped its capital spending budget by $2 billion to $13 billion this year, speculation grew that Apple could ink a deal to use Intel's leading process technology to make better chips for its iPad and iPhone. Doing so could help Apple end its foundry relationship with Samsung, which has become a fierce competitor with its own smartphones and tablets.
Sunit Rikhi, vice president and general manager of Intel custom foundry, told Reuters last week his group is ready to take on a potential large, unidentified mobile customer, although he declined to discuss Apple specifically.
Intel spokesman Chuck Mulloy said the chipmaker is in constant discussions with Apple, which buys its PC chips, but he would not comment on negotiations about a potential foundry relationship. An Apple spokesman declined to comment.
CEO QUEST
This is all happening as the board of directors at Intel looks for a candidate to replace outgoing CEO Paul Otellini, a talent search that has gone on longer than some insiders expected since it was announced in November.
While Otellini has said he expects to be replaced by an Intel insider, the board of directors has recently increased its focus on potential outside candidates, according to two sources.
Whomever the board chooses must face fundamental decisions about Intel's still-small contract manufacturing business, like how much and how quickly to expand and whether it should supply to Apple, which designs its mobile chips using technology Intel competes with.
"This is potentially huge," said JMP analyst Alex Gauna. "The new CEO will have a very large opportunity to take this to the next level. Those discussions about taking on Apple as a foundry customer are going to be very complex and very contentious."
Intel's chip-manufacturing technology is at least two years ahead of Taiwanese foundry TSMC's or Samsung's. But critics say Intel's "x86" chip architecture is better suited to PCs and servers than to mobile gadgets, which prize low power-consumption and portability.
FUNDAMENTAL DECISIONS
Demand for chips used in smartphones and tablets is far outpacing demand for PC chips, making mobile a must-have market for Intel and other semiconductor manufacturers.
Making Apple's chips however would come at a price for Intel. Such a move could be seen as a capitulation of Intel's own smartphone and tablet chip designs, which are gradually becoming more efficient but have yet to be accepted for use in any major devices.
Complicating a possible deal is that the iPhone maker designs its mobile chips with technology licensed from ARM Holdings. ARM's architecture competes against Intel's and is ubiquitous in mobile gadgets, where Intel's own technology has not caught on.
Santa Clara, California-based Intel has long been king of the PC chip market, particularly through its historic "Wintel" alliance with Microsoft, which led to breathtakingly high profit margins and an 80 percent market share.
Intel's gross margins are expected to be about 60 percent this year, down from 62 percent in 2012 but still more attractive than TSMC's gross margins of around 48 percent.
"They have a business-model question they have to answer. That's something the new CEO will have to wrestle with," said Sanford Bernstein analyst Stacy Rasgon.
Intel has struggled to adapt its powerful processors for battery-powered smartphones and tablets that require much less intensive computing. Its market share for smartphones stands at less than 1 percent, trailing Qualcomm, Samsung and others.
Concerns on Wall Street about slowing PC sales and Intel's lack of progress in mobile have pushed the chipmaker's shares down about 19 percent over the past year.
In Intel's favor is the fact that the sheer amount of investment involved in new generations of semiconductor manufacturing technology has led most chipmakers in recent decades to give up running their own capital-intensive fabrication plants, turning instead to foundries like TSMC.
Intel's agreement with Altera followed deals with minor chipmakers to use Intel's fabs. Otellini in December said "a lot of stuff" was in the pipeline.
Shifting production of iPhone and iPad chips to Intel could lead to an additional $4.2 billion in revenue in 2015, with a gross margin of around 50 percent, according to Macquarie analyst Shawn Webster.
"They've got to have a foundry component to the business, just so they can get the best return on investment for all that capital they're spending," said Evercore Partners analyst Patrick Wang. "The next CEO is the guy or gal who's going to execute that strategy."
Really looking forward to this. Thanks in advance!
Spybot is not a virus detector and the opposite can be said. From Spybots website:
About Spybot – Search & Destroy®
Spybot – Search & Destroy is a set of tools for finding and removing malicious software.
The ‘immunization’ feature preemptively protects the browser against threats. System scans and file scans detect spyware and other malicious software and eradicates it. Spyware is a kind of threat not always detected by anti-virus applications. Spyware silently tracks your Internet activity to create a profile about you. This information can then be used for example by marketing and advertising companies.
Rexahn Pharmaceuticals Provides Key Goals for 2013
http://www.rexahn.com/cms/index.php/2013/02/rexahn-pharmaceuticals-provides-key-goals-for-2013/
No holy grail of a la carte programming...this Wall Street Journal article offers more info. A bit disappointing compared the original spin we heard a while ago.
DANA POINT, Calif.--Intel Corp. INTC +0.86% confirmed plans to offer a paid video service delivered over the Internet, which will come along with a new-style set-top box sold to consumers.
The chip maker did not disclose the name or pricing for the offering, though it said it will be introduced sometime this year.
Erik Huggers, who heads a new group at the company called Intel Media, said it is negotiating with content holders to offer video programming through the device, which will include a consumer-facing camera that will help authenticate users and allow experiences such as watching programming jointly with users in other locations.
The service will offer live television as well as allow users to catch up with programming already aired. Another key differentiator, Mr. Huggers said, will be a user interface that will be much better than the programming guides that come with cable TV set top boxes now.
"I think we can bring an incredible experience," he said.
Mr. Huggers spoke at a conference owned by All Things D, a unit of Wall Street Journal parent News Corp NWSA +0.07% . In response to questions, he said Intel does not expect to be able to offer a la carte programming, but hopes to offer more attractive bundles of content than those now offered by cable and satellite companies.
He said the service will not necessarily be less expensive than cable bills today, but the experience will be better. "It's not a value play," Mr. Huggers said.
The Wall Street Journal first reported Intel's efforts to build a video service last year.
Breaking out. Good to see.
New article on SeekingAlpha.
Guess we could call the RT version the RUNT.
Stillborn.
I would love to see him exercise those options now, instead of later. Would be a nice vote of confidence.