Intel has invested more than $60 million into Shanghai-based drone and aerospace company, Yuneec International, as it explores the technological possibilities of drones. Venture capitalists and companies are expecting drones to benefit consumers, as Amazon.com and Google develop drones to deliver their products.

Intel Drone

Intel CEO Brian Krzanich said, β€œAt Intel we believe in a smart and connected world. One of the best ways to bring that smart and connected world to everyone and everywhere has been drones. We have got drones on our road map that will truly change the world and revolutionise the drone industry.”

Intel and Yuneec will collaborate to develop future products. Intel plans to expand the market for semiconductors, as it searches for new devices for chips.