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LG to launch smartwatch in 2014

February 25, 2014 3:04 am

LG Electronics Inc. has announced plans to launch a computerised wristwatch later this year, entering a nascent market where Samsung, Sony and smaller companies such as Pebble are already jostling for dominance, the Associated Press has reported. Park Jong-seok, president of LG’s mobile communications division said the company’s strategy is not to release a half-baked product and that early smartwatch models failed to demonstrate why consumers should buy them.