Several leading manufacturers are working on the next big thing in the tech industry. Some of them have already released its version of smartwatches, like Sony's SmartWatch 2 while some of them are preparing to hit the market. Apple and Samsung are rumoured to release smartwatch product by the end of the year, Google could follow them while another player joined the battle.
Apparently Foxconn got tired of waiting for the long rumored iWatch and decided to develop its own smartwatch. During its shareholder meeting this week, the company has demonstrated the smartwatch. The device can be connected with an iPhone and will show information about calls and Facebook posts, among other things.
"With such a device, you can keep your phone in your pocket and simply check all kinds of messages on your watch," said Hon Hai's Chairman Terry Gou.
The device will also check and monitor the wearer's vital signs, run health and sports apps and will get more innovative features such as fingerprint scanning. Foxconn did not reveal information about when the smartwatch will launch and how much will it cost.