Charbax caught up with Chipsip in the Rockchip booth. The Smart Glass wearable from Chipsis is based on a dual-core 1.6GHz Rockchip CPU in an over the ear form factor that isn't all that much larger than a Google Glass. The prototype includes Bluetooth, Wifi, a camera, and touch, light, and other sensors. Battery life is under 3 hours, which is not bad considering that this is a prototype.
It looks to me like Chipsip adapted the work they have put into the Android-on-stick products they mention on their website. Unfortunately I wasn't able to confirm that in the video; I'm having trouble streaming it. But I did find the product page on the Chipsis website, and that page says that the Smart Glass runs Android 4.2.2 and can download apps from Google Play. It can have a screen resolution of 1280x720 - if you want to pay for the expensive projector. Chipsip can also make a cheaper Smart Glass that uses a lower resolution projector - 320 x 480, for example.
Google Glass was a popular item at CES 2014; I saw at least a couple dozen units being worn by bloggers, techies, and digiterati. If Chipsip can offer a cheaper solution the $2500 Google Glass then they are almost certain to find a market.