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.

 

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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