Samsung has pushed back the launch of its first round-faced smart watch, set to be known as the Gear A, to wait for the hubbub over the Apple Watch to die down. The announcement has been pushed back to the second half of this year — likely in September — so that it can "follow a proper time table with its product launches, and possibly to give the market time to settle down with the Apple Watch", according to Samsung blog SamMobile.
Fitbit, a pioneer maker of fitness-tracking wristbands, has filed for an initial public offering that may help determine whether investors see its technology as a fad or something with staying power. The IPO would be among the first for the wearable-technology market and, according to Bloomberg, could raise about $150 million. Fitbit valued itself at roughly $1.2 billion in March.
Swatch is currently working on a "super battery" that will give smartwatches and cars twice the energy storage they get from other batteries. Swatch's ultimate plan is to create a smartwatch with a six-month battery life on a single charge. The super batteries should be ready for smartwatches set to launch sometime in 2016. "Whoever brings a battery for a smartwatch to the market that you don't need to charge for six months has a competitive advantage," said Swatch CEO Nick Hayek.