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China mulls future of wearables market

Posted: 19 May 2015 ?? ?Print Version ?Bookmark and Share

Keywords:wearable? smart home?

A Tencent survey shows that 45.7 per cent of consumers stop using their wearable devices within a month, and this increases to almost 99 per cent in six months. The stats points out the problem of the wearable market in China, which designs, produces and consumes most of the world's wearables.

Many Chinese system and IC designers are keenly aware that they've got to rethink this whole thing if they want a viable future for wearable electronics.

Chinese vendors see the nascent wearable market, despite its uncertainties, as their chance to seize the initiative, compared to their catch-up/copycat status in smartphones.

A group of Chinese technophiles involved in wearables gathered last week at the Songshan Lake Forum, an invitation-only event sponsored mainly by China Semiconductor Industry Association, Dongguan Songshan Lake IC Design Service Centre and VeriSilicon.

Panel

VeriSilicon CEO holding a microphone at the far right moderates the panel.

Some 20 executives from China fabless companies came, including Rockchip, Memsensing and Leadcore. Also present were a dozen systems companies ranging from wearable-device start-ups to established firms like TCL and Huawei, and a half-dozen prominent industry analysts and observers.

Moderater Wayne Dai, CEO of VeriSilicon, used Socratic method to lead the conversation. An industry panel representing a cross section of the audience debated heatedly on smartwatches, wearable wristbands and smart-home technologies. Their discussions covered usage models, market obstacles and lessons they learned from first-generation wearable devices. Audience members participated in real time, voting via the WeChat app.

Table of contents:

1. China Debates Wearables

2. Apple Watch vs. Huawei Watch

3. Smartwatch can't be just a toy

4. Charging frequency

5. 5 obstacles for wearables

6. Wearable usage models

7. Can Apple Watch beat Swatch?

8. Who will win the smartwatch battle?

9. Who will rule the smart home?


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