Apple Watch is the „clear market leader“ in the burgeoning U.S. smartwatch market, according to a new report from consumer research firm The NPD Group.
Market data shows U.S. smartwatch sales showed strong growth in the 12 months ending November 2018 when compared to the same timeframe a year ago. Apple, Samsung, and Fitbit made up 88 percent of smartwatch unit sales in that time.
The report found dollar sales of the devices were up 51 percent, amounting to nearly $5 billion in sales, while unit sales experienced a 61 percent increase, indicating an impressive acceleration in demand for the wearables.
„Over the last 18 months [...]
Google and watchmaker Fossil Group today jointly announced a $40 million deal that will see the search giant take ownership of a portion of Fossil’s smartwatch technology.
Fossil Sport smartwatch The deal, which is being described as „transactional“ and will see some of Fossil’s R&D division join Google, will lead to the launch of a „new product innovation that’s not yet hit the market,“ said Fossil VP and chief strategy officer Greg McKelvey.
Speaking to Wearable, McKelvey said the new product is based on technology that Fossil has been developing out of its $260 million Misfit acquisition in 2015. [...]
French consumer electronics company Withings has announced a trio of new wearable products at CES, including a three-in-one health monitor and two smartwatches, one with electrocardiogram (ECG) capability.
The health monitor is an upper arm cuff called the BPM Core that can take blood pressure, valvular health, and ECG readings, the latter of which can identify atrial fibrillation or irregular heartbeat in users.
The cuff inflates to take the blood pressure readings and heart-rate measurements, and displays them on the built-in LED matrix display, which includes instant traffic-light feedback showing normal, moderate, and high blood pressure readings.
Withings has returned with a new hybrid smartwatch offering, after one of the company’s co-founders bought the brand back from Nokia earlier this year.
Back in 2016, Nokia acquired health startup Withings in a deal estimated at $192 million, hoping to re-establish its presence in the consumer electronics market. It did so by rebranding Withings‘ line of iOS compatible products under its own name.
But by May 2018, the acquisition was considered a failure, and Nokia announced its intention to sell the division back to Withings co-founder, Eric Carreel. Carreel promised a „relaunch“ of its products by the end of 2018, and today’s [...]