Apple seems determined and set to launch its smartwatch this fall. Different reports have indicated that Apple’s smartwatch (currently known as iWatch) will be released in October.
A report by Reuters says that Quanta, a Taiwanese company, will start the mass production of watch by next month. The company has received an order of nearly 50 million units for the first year. The wearable device will be approximately 2.5 inches in diagonal, but will be rectangular, and will feature wireless charging with a touch display.
The report further discloses that Apple is looking forward to launch different versions of the still-to-be-named smartwatch, having different screen sizes, and with a primary focus on fitness. It is also reported that the watch will include over 10 sensors for tracking fitness and health.
Tim Cook, the CEO of Apple, said that Apple will be launching some new products this year, but is is still to be explained that which markets will these products enter. Last year, in a message to the employees received by 9to5Mac, Tim Cook announced that the company keeps “big plans” for the year 2014.
Tim Cook highlighted those plans once again during the Q2 conference call of Apple held in April, saying, “We’re eagerly looking forward to introducing more new products and services that only Apple could bring to market.”
It is expected that the market of wearables, especially that of smartwatches, will increase its popularity. According to IDC, an American research firm, nearly 7.6 million such wearable devices will be shipped to US this year, and will expectedly increase to around 27.3 million by the year 2018.
The smartwatch market already has many competitors, including Samsung with its Galaxy Gear and Pebble. Moreover, Google will also enter the space with its line of Android Wear smartwatches, later this year.