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Apple’s iWatch may sport multiple designs: WSJ

Apple’s iWatch may sport multiple designs: WSJ

1:21pm EDT

SAN FRANCISCO (Reuters) – Apple Inc plans to launch smartwatches with multiple screen sizes and designs this fall, the Wall Street Journal on Friday cited a person familiar with the matter as saying.

Taiwan’s Quanta will begin mass production of Apple’s first smartwatches from July, in time for an October launch, several sources familiar with the matter told Reuters on Thursday.

The Wall Street Journal on Friday also cited sources saying Quanta would manufacture the device.

One of the sources told Reuters on Thursday that Apple expects to ship 50 million units of the so-called iWatch within the first year of the product’s release, although these types of initial estimates can be subject to change.

The smartwatch will come with a slightly rectangular display that likely measures 2.5 inches diagonally, the source added. The watch-face will protrude slightly from the band, creating an arched shape, and feature a touch interface and wireless charging capabilities, according to the source.

Another source told Reuters that LG Display Co Ltd is the exclusive supplier of the screen for the gadget’s initial batch of production.

The iWatch will also contain a sensor that monitors a user’s pulse. Singapore-based imaging and sensor maker Heptagon is on the supplier list for that feature, two sources said on Thursday.

Apple’s smartwatch will follow similar devices by Samsung, Sony Corp, Motorola and LG Electronics Inc – gadgets that tech watchers say have not been appealing or user-friendly enough for mass adoption.

But the market is growing fast. Data firm IDC estimates that worldwide shipments of wearable computing devices, including smartwatches, will triple this year over 2013.

Apple has declined to comment on reports about upcoming products.

 

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About bambooinnovator
KB Kee is the Managing Editor of the Moat Report Asia (www.moatreport.com), a research service focused exclusively on highlighting undervalued wide-moat businesses in Asia; subscribers from North America, Europe, the Oceania and Asia include professional value investors with over $20 billion in asset under management in equities, some of the world’s biggest secretive global hedge fund giants, and savvy private individual investors who are lifelong learners in the art of value investing. KB has been rooted in the principles of value investing for over a decade as an analyst in Asian capital markets. He was head of research and fund manager at a Singapore-based value investment firm. As a member of the investment committee, he helped the firm’s Asia-focused equity funds significantly outperform the benchmark index. He was previously the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. KB has trained CEOs, entrepreneurs, CFOs, management executives in business strategy, value investing, macroeconomic and industry trends, and detecting accounting frauds in Singapore, HK and China. KB was a faculty (accounting) at SMU teaching accounting courses. KB is currently the Chief Investment Officer at an ASX-listed investment holdings company since September 2015, helping to manage the listed Asian equities investments in the Hidden Champions Fund. Disclaimer: This article is for discussion purposes only and does not constitute an offer, recommendation or solicitation to buy or sell any investments, securities, futures or options. All articles in the website reflect the personal opinions of the writer.

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