Chinese telecom equipment and smartphone manufacturer ZTE Corp released its first smartwatch product in Las Vegas for the Consumer Electronics Show, the world's largest technology trade event.
The ZTE Blue Watch is expected to hit the worldwide market in the first quarter of the year. Compared with other smartwatch products such as Samsung Electronics Co's Galaxy Gear, ZTE's Blue Watch is equipped with more social networking, entertainment and health tracking functions, according to the company.
ZTE's high-level management regards the wearable gadgets market as a “blue sea”, since no company currently dominates this new field and every player has an equal opportunity. Consulting company ABI Research predicted that the total shipment of wearable devices would reach 500 million units within five years.
Credit Suisse Group estimated that the volume of the global wearable device market could increase to $30 billion to $50 billion within two to three years, from a current market volume of $3 to $5 billion.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
