Google Inc. (GOOGL) recently announced a development kit for its Project Tango initiative, featuring a 7-inch tablet computer prototype packed with three dimensional (3D) sensing and mapping abilities.
The tablet is so designed that it will allow developers to create 3-D applications. Only a limited number of prototypes will be available for developers, priced at $1024, towards the end of June when Google has its I/O conference.
Google's latest launch comes after Amazon's (NASDAQ: AMZN) recent announcement of an event on Jun 18 wherein it's likely to unveil its long-rumored 3D smartphone. Google's new device is expected to expand the features of Android technology on mobile devices.
The tablet is powered by NVIDIA's (NASDAQ: NVDA) new quad-core Tegra K1 processor and comes with 4GB of RAM, 128GB of storage, 1080p display, motion tracking camera and incorporated depth sensor. The device will run on Android 4.4 KitKat and will provide WiFi, BTLE, Bluetooth and 4G LTE connectivity.
In February this year, Google's Advanced Technologies and Projects (ATAP) declared Project Tango, aimed at giving mobile devices a human-scale comprehension of space and motion. The devices under this project consist of customized hardware and software enabled with capabilities of 3-D motion tracking and mapping of the environment simultaneously.
The first device was a 5-inch Android-powered smartphone equipped with 3D motion and depth sensing hardware. Google provided 200 phones to developers interested in building mapping tools, games and algorithms making use of the device's varying sensors. The latest tablet is the second device connected with Project Tango.
The tablet will help Google attract a larger number of developers with the Tegra K1 processor likely to be the icing on the cake. It will provide developers with horse power to \make more engaging apps and thereby drive revenue.
Google, the world's largest online search engine, is gradually strengthening its foothold in different markets.
Rovi Corp (NASDAQ: ROVI), which carries a Zacks Rank #1 (Strong Buy), is a stock from the same sector and therefore worth considering.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
GOOGLE INC-CL A (GOOGL): Free Stock Analysis Report
AMAZON.COM INC (NASDAQ: AMZN): Free Stock Analysis Report
NVIDIA CORP (NASDAQ: NVDA): Free Stock Analysis Report
ROVI CORP (NASDAQ: ROVI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!