LG to launch new smartwatch this year: CEO

LG will barrage its aboriginal smartwatch in 2014, the arch of its adaptable assemblage said on Monday, borer into the beginning bazaar for wearable accessories apparent as the adaptable industry’s fresh antecedent of growth.

The advertisement from the South Korean smartphone maker came afterwards industry baton Samsung on Sunday launched the additional bearing of its own internet-enabled smartwatch, Galaxy Gear 2.

“We are alive on the development of wearable device… added accurately in the anatomy of a watch,” Park Jong-Seok, the CEO of LG Electronics’ adaptable unit, told reporters.

“(It) will appear out this year,” he said, abacus the watch would be accidentally affiliated to smartphones.

“We’re alive adamantine to put on the table article that added companies accept not offered yet,” Park said, after elaborating further.

LG – the world’s fourth-largest smartphone maker – has not entered yet the bazaar for wearable accessories currently bedeviled by firms like Samsung, Sony and Pebble.

LG to launch new smartwatch this year: CEO

A archetypal smartwatch allows users to accomplish calls, accept texts and emails, booty photos and admission apps.

So far, few companies accept managed to accomplish ample customer action or sales in the market, additionally eyed by firms like Apple and Google.

Apple is believed to be set to barrage its own smartwatch soon, while Google is affective appear a added customer barrage of its internet-enabled Glass after this year.

The much-anticipated Galaxy Gear smartwatch launched by Samsung aftermost September, however, was accustomed coldly by consumers, who beheld it back-number and unwieldy.

Now Samsung – the world’s top maker of smartphones and adaptable phones – seeks to allurement added consumers with an arrangement of fresh appearance on the Galaxy Gear 2, including action tracking software, a affection amount adviser and alien ascendancy for accessories such as TVs.

Many handset makers are cyberbanking on acute accessories to addition acquirement as sales of smartphones apathetic in the mature, and best assisting markets.

Though smartphone sales surged 42.4% to 968 actor units aftermost year, according to Gartner, the advance came from developing markets like Latin America, India and China, while complete markets such as western Europe and the United States hit the brakes.

Meanwhile, all-around smartwatch sales are accepted abound this year by added than 500% from 1.9 actor units in 2013, and to aggrandize added in advancing years, according to the bazaar researcher Strategic Analytics.

Advanced markets including the US and Western Europe will drive the market, it said.

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