New Nike Smartwatch Coming in First Half of 2014

by Karl Utermohlen | December 2, 2013 1:45 pm

Nike (NKE[1]) is releasing a new smartwatch in the first half of 2014 that is currently under trial production at Flextronics International.

DigiTimes reports that the sportswear company[2]Nike New Nike Smartwatch Coming in First Half of 2014[3] is coming up with its third smartwatch as the handy gadgets grow in popularity. Nike already released the Nike+Sportwatch and the Fuelband SE in 2013 and it hopes to become the leading smartwatch seller in sports.

The company already accounts for 30% of the world’s sports gear market but its main competitor isn’t far behind. Adidas (ADDDF[4]) released the miCoach Smart Run in 2013 for $399 — $250 more than the Fuelband SE. Nevertheless, Adidas’ product supports iOS, Android and Windows whereas Nike’s product only supports iOS.

Endnotes:
  1. NKE: http://studio-5.financialcontent.com/investplace/quote?Symbol=NKE
  2. DigiTimes reports that the sportswear company: http://www.digitimes.com/news/a20131202PD206.html
  3. [Image]: http://investorplace.com/wp-content/uploads/2011/05/Nike.png
  4. ADDDF: http://studio-5.financialcontent.com/investplace/quote?Symbol=ADDDF

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