Erik Huggers, corporate Vice President at Intel Media, announced this afternoon Intel is working on an internet TV service and a set-top box. Huggers said in a recent conference with AllThingsD, “We have been working for about a year now to set up a group called Intel Media. It’s a new division with new people — people [we’ve hired] from Apple, Netflix and Google.”
The new product hasn’t been named yet, but we can expect the new TV service to be out sometime this year.