Taiwan wins Apple iWatch orders: analyst, reports

August 28, 2013

Two leading Taiwanese electronics firms that assemble products for Apple have received orders to make the highly anticipated "iWatch", an analyst and reports said Wednesday.

"Apple is likely to introduce 'iWatch' in 2014. From our channel checks, Inventec is the major assembly source for 'iWatch', with about 60 percent of order allocation," said CIMB Securities analyst Wanli Wang in a report.

CIMB projects 63.4 million units of "iWatch" shipments in the year after its launch with an average price of around $199, while the "iWatch" project is estimated to contribute 19 percent of Inventec's earnings in 2014, Wang said.

Taiwan's Apple Daily newspaper said Quanta Computer was splitting the "iWatch" orders with Inventec by taking 40 percent of order allocation, citing unnamed sources.

Inventec and Quanta both declined to comment.

Wearable such as Google's Glass eyewear are widely seen as the next frontier in consumer electronics, following the huge popularity of smartphones.

Competition in the "smartwatch" market is heating up, with Google, Microsoft and Samsung Electronics racing to develop their own watch-type computing devices.

California-based Apple last month filed a trademark application for an "iWatch" in Japan.

Apple chief Tim Cook earlier this year forecast that there will be "tons of companies playing" in the wearable computing sector.

Explore further: Apple chief sees computers on wrists, not in glasses

Related Stories

Taiwan electronics fair tees up 'smart watch' for golfers

June 7, 2013

It may not be able to carry the clubs like a caddie but a new "smart watch" can help a golfer find his range on the course, and its makers are taking a swing at the global market as part of a new trend in wearable computing.

Apple seeks iWatch trademark in Japan (Update)

July 1, 2013

Apple has filed a trademark application for an "iWatch" in Japan, fuelling speculation the US tech giant is preparing to introduce a wearable computing device to go up against products on stream from Google and Samsung.

Former YSL CEO Paul Deneve joins Apple

July 3, 2013

Former Yves Saint Laurent CEO Paul Deneve has joined Apple to work on special projects, the US tech giant said Wednesday, amid speculation he could be involved in developing a rumoured smartwatch.

Samsung seeks smart watch trademarks in US, SKorea

August 7, 2013

Samsung Electronics Co. has applied for U.S. and South Korean trademarks for a watch that connects to the Internet in the latest sign that consumer technology companies see wearable devices as the future of their business.

Recommended for you

Internet giants race to faster mobile news apps

October 4, 2015

US tech giants are turning to the news in their competition for mobile users, developing new, faster ways to deliver content, but the benefits for struggling media outlets remain unclear.

Radio frequency 'harvesting' tech unveiled in UK

September 30, 2015

An energy harvesting technology that its developers say will be able to turn ambient radio frequency waves into usable electricity to charge low power devices was unveiled in London on Wednesday.

Professors say US has fallen behind on offshore wind power

September 29, 2015

University of Delaware faculty from the College of Earth, Ocean, and Environment (CEOE), the College of Engineering and the Alfred Lerner School of Business and Economics say that the U.S. has fallen behind in offshore wind ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.