Tag: smartwatch

The Taiwanese telecommunication equipment manufacturer has decided to postpone its wearable because it is not ready.

HTC revealed to Re/code last week that it has no intention of releasing a smartwatch until they can “get it right” because they do not just want to put out another wearable device like so many of the others currently on the market, they want to produce a gadget that will be something users will want.

HTC does not believe anyone has gotten this particular wearable technology right.

According to the head of HTC Creative Labs, Drew Bamford, “We think the strategy we were working on will get us there, but we want to take our time and get it right.” Bamford told Re/Code that “We honestly don’t think anyone has gotten it right.”

Bamford explained that the team behind the development of wearables at HTC is taking their time in delivering a product because they want to deliver a watch that users will want to wear every day.

It is clear that while HTC could easily launch a smartwatch powered by Android Wear, the company isn’t interested in providing consumers what is already being offered by companies like Samsung and LG.

Initially, the assumption was that HTC would launch its smartwatch this fall.

The president of HTC America, Jason Mackenzie, said that it had been the company’s original intention to release a wearable soon, it simply just wasn’t ready.

Bamford commented that “We’ve seen a lot of general purpose wearables come to market.” He added that there isn’t a “strong reason to wear one every day.” He explained that when they bring their product to the market they want to ensure that the product will give users a “compelling reason” to want to wear it on their wrists.

Of course, it still remains to be seen if HTC will actually manage to “get it right”. Although it is quite possible that the company has something exciting and profound cooking, there is also a chance that they might not know how to best compete with the current competition in the wearable market. Only time will tell if a smartwatch from HTC will be unveiled in 2015.

A new wearable device monitors the budget of the wearer.

Smartwatches are known for providing many convenient features to those who wear them, such as monitoring health, fitness tracking, texting, making phone calls etc., and now a new device called the Cash smartwatch has been designed to help user’s track their budget, so they can know when it’s all right to spend and when they should hold off from making a purchase.

The new wearable is not trying to compete with Apple Watch or Samsung’s Gear S.

Designed by Nicole Lapin, a financial correspondent and former correspondent for networks like Today and MSNBC, the Cash smartwatch is not like other smart watch tech on the market. Users will not be able to make a phone call or check their email with this device.

Its primary purpose is to encourage consumers to think about their impulse purchasing habits. Each time a wearer of the device buys something they tap the price into the interface and put it into a category that corresponds with their purchase (ex. food, clothing, and so on).

Users set up a monthly allowance. Lapin, who is known for using simplified and language-friendly budget tips, provides recommendations on how much free spending money a person is allowed during a monthly period.

When the user goes over their budget or they are getting close to their limit, they will know because it will be displayed on the watch’s home screen. Users can keep track of what they are spending in all categories. A green line indicates how much money is left for the month and a red line grows the more that they spend.

Lapin said that while learning about finances is intimidating, “you don’t have to know any of the jargon in order to budget and save.”

The smartwatch is also fashionable.

Even though the target market for the wearable device is young women between the ages of 18 – 34, there are three different strap options, so it can also appeal to men. The different straps, which include a patterned silver, black silicone and white crocodile style, give users the chance to dress the watch up or down.

The Cash smartwatch will sell for $139 and can be purchased online on its official website starting today, October 1, and will later be made available through HSN later on in the month.