smartwatch market Archives

Fitbit layoffs on the way after disappointing Q4 results

01/31/201701/30/2017 John Montgallo

The holiday season was reportedly not as good as hoped for the fitness tracker and smartwatch maker. Fitbit layoffs appear to be on the way despite the fact that the company maintains its position at the top of the wearable technology market. The company has announced that its fourth quarter results for 2016, though strong, missed Wall Street’s predictions. As a result of those results, it will be laying off between 5 percent and 10 percent of its total workforce. The company’s board voted that the Fitbit layoffs were among…

Smartwatch from HTC called One Wear, coming soon

06/02/201405/31/2014 Jennifer Goula

The handset maker is reportedly getting ready for a wearable technology launch near the end of the summer. According to recent technology news reports, HTC is working on a smartwatch that it intends to call One Wear and that it will be ready to launch by the end of August or in early September of this year. This is only one of the latest among a string of manufacturers entering the wearable technology space. According to one tech blogger’s website, a demo of the smartwatch has already been created and…