Intel is planning to come out with smart glasses this year; looking to sell majority stake in its AR glasses unit

Intel. Reuters.[/caption]According to a report in Bloomberg, Intel is reportedly looking to sell a majority stake in an augmented reality company which it had bought. The plan is to eventually launch smart glasses for consumers this year.The smart glasses codenamed 'Superlite' are expected to be made by Taiwanese manufacturer Quanta Computer, the same company that also helps make Apple Watch. They should pair with your smartphone using Bluetooth and a laser projector will display the information in the wearer's field of view.The new company, to be called Vaunt, will comprise former employees of Recon Instruments which was the AR wearables company that Intel acquired in 2015 and eventually shut down last year.This is not a first for Intel, as it has worked with industrial AR headset company called Daqri and has launched a merged reality headset design named Project Alloy. But this too was discontinued last year. With the smart AR glasses, Intel wants to showcase what's possible even if consumers are not too excited about it.According to The Verge, the prospect of Intel getting into the consumer AR glasses space is interesting as many companies who expressed interest in AR glasses also downplayed the short-term importance of this technology. Amazon is expected to be working on Alexa-powered glasses. Apple, Facebook and Google are known to work on phone-based AR for now.