500 million wearable tech articles will be sold annually by 2020, Intel believes - and they won't be smartwatches.
Latest from David Shamah
An announcement by Intel that it was spending $6bn to upgrade its Kiryat Gat plant was greeted with joy in Israel, and skepticism elsewhere.
Intel SVP Mooly Eden gave some broad hints on the company's future direction at a talk in Tel Aviv, with hardware and succession planning on the agenda.
Intel is Israel's biggest private-sector employer and has been behind some of its best-known projects, from the Pentium M to Cloverview.
A long-running drama seems to have been resolved, with Kiryat Gat likely to be where Intel's new chips are manufactured.
Israeli startups will bring their creative inspiration to the tech giant's processors and chips, the company hopes.
Israel plays home to four of Intel's R&D facilities and one of its biggest fabs. Between them, they're helping Intel set a new hardware direction.
The largest employer in Israel's high-tech economy is about to get even bigger, as it takes over Micron's Israeli fab – likely to be the future site of Intel's 10nm chip manufacturing plant.
Intel is hoping its next generation of processors will persuade hardware buyers to upgrade their ageing machines.