The global market for "wearable" computing such as fitness trackers, smartwatches, and software-infused ear pieces is growing strong, according to figures release Thursday by International Data Corporation.
Wearable robots that can anticipate and react to users' movement in real time could dramatically improve mobility assistance and rehabilitation tools.
Fitbit shares tumbled more than 20 percent on Tuesday on an earnings forecast that signaled that the maker of fitness-focused bracelets may have trouble making it in the long run.
The global market for wearable technology is seeing a surge, led by watches, smart clothing and other connected gadgets, a research report said Thursday.
Is Apple Watch a dud? Nearly three months after the launch of Apple's fashionably smart wrist wear, some analysts say it's not a mainstream mega-hit. But others see promise in its popularity with Internet-savvy young people.
Fitbit, the company known for wearable devices promoting healthy lifestyles, saw its shares surge Thursday following the biggest stock offering this year for the tech sector.
Fitbit on Tuesday told US regulators that it may raise more than a half-billion dollars when it makes its New York Stock Exchange debut but remained mum as to when that would happen.
Fitbit on Thursday filed paperwork with US regulators to go public with a stock offering on the New York Stock Exchange.
On the one hand, or wrist, there may be an eye-catching Apple Watch, while the other will sport with more discreet jewelry packed with Internet Age smarts.
US technology giant Intel said Tuesday its profits edged higher in the first quarter, as gains in its data center operations help offset weakness in the personal computer market.