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