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Fitbit Reportedly Plans to Layoff as Much as 10% of Its Workforce, Courtesy of Weak Q4 Earnings

1 Feb fitbit-blaze_clock-faces-4-768x443

By Anmol Sachdeva, The Tech Portal

The fitness band and health-tracking ecosystems have been booming considerably when compared to smartwatches. As per the recent IDC report, Fitbit continues to dominate the wearable market with a massive 23 percent market share. But, the company is struggling to keep its financials in check. Thus, the company’s fourth quarterly earnings report will not only see it disclose disappointing numbers but also lay off up to 10 percent of its staff as well. (more…)

Fossil Announces New Hybrid Smartwatch and Extends Its Fossil Q Line at 2017 CES

6 Jan ftw1200

Following the successful launch of its wearables line in fall 2015, Fossil unveils its newest Q addition—slim hybrid smartwatches—along with colorful and unique new designs to the existing hybrid smartwatch collection. (more…)

Pebble Says Its e-Paper Smartwatches Won’t Be Phased Out through 2017

16 Dec pebble-smartwatch-1024x576

By Anmol Sachdeva, The Tech Portal

Post the acquisition of Pebble by fitness wearable maker Fitbit, the fanboys of the former had taken to the interwebs to voice their concerns over the fate of devices they own. And this has been one of the bigger questions on everyone’s mind because the latter had bought Pebble for only their patents, tech and software assets. (more…)

Life’s Better with a Coach–Announcing iFit Coach, The First Ever Smart Health Hub for Personalized Exercise, Nutrition, Activity and Sleep

13 Dec coach_icon

Announcing iFit Coach, the first ever mobile smart coach to connect, monitor and dynamically adjust four key pillars of fitness: exercise, nutrition, activity and sleep. The mobile experience links consumers with the expertise of personal trainers, registered dietitians and sleep coaches to provide a customized daily plan, and is available now. (more…)

Fitbit Still Continues to Dominate Wearable Market in Q3’16, Apple Watch Sales Slump: IDC

7 Dec fitbit-blaze_clock-faces-4-768x443

By Anmol Sachdeva, The Tech Portal

The overall growth of the wearables market continued even in the third quarter of 2016, mentions a new report from International Data Corporation (IDC). With a 3.1 percent year-on-year increase in market share, the shipments amounted to a total of 23 million in the said quarter. (more…)

Matrix Launches PowerWatch, World’s First Smartwatch that Never Needs Charging

19 Nov powerwatch

Matrix Industries unveiled the Matrix PowerWatch, the world’s first smartwatch that uses thermoelectric technology so you never have to recharge or replace its battery. Launched on Indiegogo, the device employs breakthrough nano-materials, advanced thermal engineering, and the latest in low power electronics to run exclusively off heat generated from the body. It also uses this technology to measure calories burned and show power generated from the body. (more…)

Analyst Ming-Chi Kuo Estimates Fewer Apple Watch Sales in 2016 Due to Four Major Challenges

13 Oct apple-watch-new-bands (1)

The adoption of the Apple Watch has remained low despite the launch of its second generation series a few weeks ago and the recent price cut for the Series 1. This lack of enthusiasm is expected to impact its overall sales numbers this year, according to Ming-chi Kuo, the Apple analyst at KGI. (more…)

Samsung Mass Produces Industry’s First Application Processor for Wearable Devices Built on 14-Nanometer FinFET Technology

11 Oct samsung-new-office-silicon-valley

Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, today announced that it has begun mass production of the Exynos 7 Dual 7270. It is the first mobile application processor (AP) in the industry designed specifically for wearable devices with 14-nanometer (nm) FinFET process technology. It is also the first in its class to feature full connectivity and LTE modem integration. (more…)

Fitbit to Enter the Taiwan Market with New Wearables Charge 2 and Flex 2

26 Sep 0921-fitbit-624x421

Fitbit, an American activity tracker wearable technology company, on Aug. 30th announced that its wearable devices will officially be released in Taiwan through its distributor, Chicony Electronics. (more…)

Nokia-Owned Withings Announces Steel HR, Its First Watch with Heart Rate Monitoring

3 Sep steel-HR-990x487

By Jeet Suthar, The Tech Portal

Withings, a company which is now owned by Nokia, has today announced the launch of its new watch — Steel HR. The wristwatch can also comes with fitness tracking and smartphone notifications. (more…)