FILE PHOTO - Gameplayers demonstrate vitual reality headsets during the Intel press conference at CES in Las Vegas, Nevada, U.S. on January 4, 2017. REUTERS/Rick Wilking/File Photo
Intel Corp has had a tough time squeezing value out of recent mega-deals, putting some pressure on the success of its proposed US$15bil (RM66.72bil) acquisition of Israeli car-technology firm Mobileye NV.
Self-driving cars are widely seen as the future of transportation and a growth area, but the Intel deal depends on more than technology as it looks to expand revenue in an increasingly competitive nascent sector.
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