Wrist Wearable Devices Market to Reach $35 billion by 2020 Wrist Wearable Devices Market | Page 29

13.8.3 PRODUCTS LG provides various consumer electronics including wrist wearable devices. Segmentation Product type Product Name Application Mobile Smartwatch G Watch Connected Features, Communications Navigation capabilities, fitness tracking G Watch R High precision, Connected Features, Navigation capabilities, fitness tracking Source: Company Website, Press Releases 13.8.4 DEVELOPMEN TS Date Approach Description November, 2014 Agreement LG and Google has entered into a licensing agreement for the next ten years. This agreement covers a number of products and technologies. LG intends to leverage Google’s software development capabilities to launch innovative products especially in the mobile communications segment with focus on leveraging Google’s Android Wear software in its wearable devices. October, 2014 Product Launch LG launched the LG G Watch R E, the latest version of its