Despite previously being one of the most vocal champions of the wearable technology market space, semiconductor giant Intel has virtually (and quietly) shut down the business unit that was responsible for its once emerging line of smartwatch and fitness tracker components. The dedicated unit was created after Intel acquired a little-known smartwatch company called Basis in 2014. The writing may have been on the wall after the company had to recall all Basis products late last year after multiple incidents of them overheating, causing users' wrists to become burned. Intel's wearables division was much more than just that one product…
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