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Daily Dashboard | Startup To Use $17 Million for Wearables’ Power Chips Related reading: What to know about complying with the European Data Protection Seal

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Reuters reports that startup Ineda Systems has received $17 million in funding from investors and will use the money to develop low-power chips for wearable devices aimed at allowing the devices to function for up to a month without needing to recharge. "In today's market, people are using smartphone technology to deliver these watches,” said Ineda Chairman Sanjay Jha. “That has led to good products but not to breakthrough products.”
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