It might be that many modern IoT standards have some form of encryption as standard - which requires a contain baseline of power from the chips it runs on. Or m

It might be that many modern IoT standards have some form of encryption as standard - which requires a contain baseline of power from the chips it runs on. Or might be that the cost delta between the hypothetical low perf iot chip and a higher perf iot chip would actually be so low as to make the former not worth producing. Pure speculation though.