Meet Edison: A computer that is smaller than an SD card. #CES2014

Intel has unveiled Edison, a computer housed in an “SD card form factor”

"Most of my career a computer has been something you hold in your hand [...] or sits on your desk... That idea is about to be transformed," said Krzanich.

One of Intel's most serious competitors, Qualcomm announced a smartwatch - Toq -- a few months earlier. On Monday, Intel too joined the bandwagon by showing the prototype of the smartwatch it is developing. The company also said that it was developing smart earbuds - called Jarvis -- with biometric and fitness capabilities. The earbuds will read a message to the user or track his physical movement.

In addition to developing reference devices for wearable technology, Intel will offer a number of accessible, low-cost entry platforms. These are allegedly aimed at helping lower entry barriers for individuals and small companies to create innovative Internet-connected wearables or other small form factor devices.

At his keynote, Krzanich also said that Intel, along with its hardware partners, will launch tablets that dual-boot Windows and Android.

The company will make McAfee security app for mobiles and tablets available for free this year. "As corporate bring-your-own-device programs have grown in popularity, many firms have prohibited Android-based devices that weren't compatible with their companies' security requirements. Intel this year will offer Intel device protection technology, which will help Intel-based Android mobile devices meet most security standards for use at home and work," the company said in a press note.