Wearable technology is moving beyond a small group of early adopters and going mainstream.
That is the conclusion of market tracker IDC, which predicted sales of wearable technology items would triple this year to 19 million units worldwide, growing to 111.9 million by 2018.
“Wearable computing is still at the launchpad,” IDC research manager Ramon Llamas said.
“The market has certainly warmed up to the notion of wearables, but the spectrum of devices is so large, ranging from very simple, single-purpose devices to full-fledged computers that different categories will be able to gain salience sooner than others,” he added.
IDC said the wearable sector is still led by fitness trackers such as Nike + FuelBand, Jawbone UP and Fitbit devices.
“The increased buzz has prompted more vendors to announce their intentions to enter this market,” Llamas said.
“Most importantly, end users have warmed to their simplicity, in terms of design and functionality, making their value easy to understand and use,” he added.
Smart accessories, such as the smartwatches from Pebble, Samsung and Sony “will also take a giant step forward, but their value proposition has yet to be completely clarified,” an IDC report said.
The report said that wearable items such as Google Glass will not reach millions of consumers before 2016.
“To succeed, smart-wearable vendors must persuade users to shift to a new user experience while offering them a robust selection of third-party applications,” IDC said.
Charming US President Donald Trump one week, angering China the next, Japanese Prime Minister Sanae Takaichi has had a busy start and is riding high in the polls, all on a few hours of sleep a night. However, the honeymoon might end soon for the Margaret Thatcher-admiring leader if a spat with China escalates further and she fails to keep inflation in check. “I believe Prime Minister Takaichi will surely do what she needs to do, so I trust her,” Kozue Otsuka, 50, told reporters at a festival this week for business owners seeking good fortune. While buying a lucky kumade rake featuring
INSULATED: The company said it is less exposed to global complications, as it has built a strong footprint worldwide, and has multiple sources of rare earths and raw minerals Merck Group yesterday said it would ramp up production next year at its new flagship facility in Kaohsiung’s Lujhu District (路竹) to satisfy growing demand for advanced semiconductor materials and specialty gases, and to address supply resilience issues amid mounting geopolitical risks. Merck made the remarks during a news conference before the inauguration of its 500 million euros (US$582.1 million) facility, which is also to supply other markets in the Asia-Pacific region, it said. Merck executive board deputy chair and electronics CEO Kai Beckmann told reporters the company adopted a “local-for-local” strategy about seven years ago to address the cycle time of
TECH TITANS: Amazon’s latest chip joins Google in competing for the 90 percent market share held by Nvidia, which claims it is ‘a generation ahead of the industry’ Amazon Web Services (AWS) on Tuesday launched its in-house-built Trainium3 artificial intelligence (AI) chip, marking a significant push to compete with Nvidia Corp in the lucrative market for AI computing power. The move intensifies competition in the AI chip market, where Nvidia dominates with an estimated 80 to 90 percent market share for products used in training large language models that power the likes of ChatGPT. Google last week caused tremors in the industry when it was reported that Facebook-parent Meta Platforms Inc would employ Google AI chips in data centers, signaling new competition for Nvidia. This followed the release last month of
Two companies wholly owned by the daughter of the founder of Hon Hai Precision Industry Co (鴻海精密) on Monday reported to the Taiwan Stock Exchange that they would dispose of all of the Hon Hai shares they hold. In filings with the exchange, Hong Wei Investment Co (鋐維) said it would sell the 2.771 million Hon Hai shares it holds and Frontier Investment Corp (承鋒投資) said it would sell its 2.409 million Hon Hai shares from tomorrow until Jan. 3 next year. The two companies are wholly owned and chaired by Shirley Gou (郭曉玲), the eldest daughter of Hon Hai founder Terry