Intel has established a new group to address small electronics, wearable technology segments. The company's new 'Internet of Things Solutions Group' will report directly to Chief Executive Brian Krzanich.

The new IOT Solutions Group will deal in new line of ultra-small and ultra-low-power microchips for wearable devices like smartwatches and bracelets, such as the recently announced low-power Quark processor. Quark is due to appear in Intel's Galileo PC, which is designed for enthusiasts making a range of devices from robots and health monitors to home media centers and PCs.

The division will also deal in low-power Atom chips that go into server appliances or products such as vending machines, ATMs, portable medical devices, energy monitors or in-vehicle entertainment systems.

The group will be led by Doug Davis, who has taken on the role of vice president and general manager of the IOT Solutions Group.