RICHARDSON, Texas, Jan. 17 (Korea Bizwire) — Today, Fossil Group (NASDAQ:FOSL) announced its plan to sell to Google for $40 million intellectual property (IP) related to a smartwatch technology currently under development by Fossil Group. As part of the transaction, a portion of Fossil Group’s research and development (R&D) team currently supporting the transferring IP [...]
MEXICO CITY, Aug. 14 (Korea Bizwire) — It was announced on Saturday that Samsung Electronics and the Secretaría de Comunicaciones y Transportes, Mexico’s Ministry of Communications and Transport, have shaken hands on a deal that will see the Korean company support the Puntos México Conectado (PMC) initiative carried out by the ministry. The initiative is part [...]
SEOUL, June 1 (Korea Bizwire) – According to the Ministry of Science, ICT and Future Planning, the number of domestic wearable device users from the Big Three telecommunications companies (SKT, KT and LG Uplus) totaled 510,066 in April. The figure, however, is limited to devices that use SIM cards, such as some smartwatches. The number [...]
AUSTIN, Texas, April 29, 2014 (Korea Bizwire) – ABI Research reports that smartphone components are being used in smartwatches in lieu of optimized smartwatch components, even when claimed otherwise. Teardowns of a number of devices found that nobody has an optimal wearable peripheral solution yet. The Samsung Galaxy Gear and Z-watch use application processors originally targeted for smartphone/tablets [...]