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article imageSource: Apple 'iWatch' coming in October

By Tech News     Jun 19, 2014 in Technology
An industry source claims the Taiwanese company that will manufacture Apple's first smartwatch will begin mass production next month, with a commercial launch coming as soon as this October.
Reuters reports Quanta Computer Inc., which will manufacture the yet-to-be named Apple smartwatch (dubbed the iWatch by Apple watchers), is gearing up for a massive production run. The source said that Apple expects to ship some 50 million units within the first year of the innovative, yet controversial, product's release.
Apple declined to comment on the rumor.
The "iWatch" will be Apple's first entry into the smartwatch market, which is currently regarded as the realm of esoteric niche users. Critics have had harsh words for smartwatches, with some tech observers even calling them "useless."
That may be a bit of a harsh assessment, but there is no doubt that Apple lags far behind rival Samsung in the rapidly growing smartwatch segment. According to Strategy Analytics, about 500,000 smartwatches were shipped during the first quarter of this year, a 250 percent increase over year-ago figures. Samsung captured fully 70 percent of the smartwatch market for itself, not including Gear 2, Gear 2 Neo and Gear Fit devices.
Apple's entry into the smartwatch market is currently in trial production at Quanta. Another industry source told Reuters LG Display Co. Ltd. will be the exclusive supplier of screens for the new Apple smartwatches during the initial production run.
Two other sources told Reuters that Singapore-based imaging and sensor maker Heptagon will make pulse monitors for the device.
None of the companies mentioned in this article would comment on the sources' claims.
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