iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

$AAPL In Beta for a Watch Like Smartphone

Apple Inc. is experimenting with designs for a watch-like device that would perform some functions of a smartphone, according to people briefed on the effort.

The company has discussed such a device with its major manufacturing partner Hon Hai Precision Industry Co., one of these people said, as part of explorations of potentially large product categories beyond the smartphone and tablet.

Apple’s efforts come as companies have introduced various kinds of wearable gadgets, mainly designed to measure physical activity. More sophisticated devices face big technical challenges, but also are attracting investments from large technology companies.

Foxconn, as Hon Hai is also known, has been working on a spate of technologies that could be used in wearable devices, one of these people said. In particular, the Taiwan-based company has been working to address the challenges of making displays more power-efficient and working with chip manufacturers to strip down their products. The technologies are aimed at multiple Foxconn customers, this person said.

Capabilities that Apple is exploring for wearable devices remain unclear. But analysts and investors who have been tracking the field predict the company would release a product with many different functions and that the device would work closely with the iPhone.

Apple has been exploring the area for some time, according to the people briefed on the effort, and has hired employees with backgrounds in sensors and related technologies in recent years.

An Apple spokeswoman declined to comment. A spokesman for Foxconn declined to comment. The New York Times earlier reported that Apple is experimenting with wristwatch-like devices….”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter