Fossil is exiting the smartwatch enterprise

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Fossil introduced the Put on OS-running Gen 6 smartwatch lineup again in August 2021. The corporate unveiled some Wellness Version watches later however saved everybody ready for the Gen 7, which we now be taught is rarely coming since Fossil has confirmed it is leaving the smartwatch enterprise.

Because the smartwatch panorama has developed considerably over the previous few years, we have now made the strategic choice to exit the smartwatch enterprise. Fossil Group is redirecting assets to help our core power and the core segments of our enterprise that proceed to offer sturdy progress alternatives for us: designing and distributing thrilling conventional watches, jewellery, and leather-based items beneath our personal in addition to licensed model names,” Fossil Group’s spokesperson Amanda Castelli instructed The Verge.

Fossil Gen 6
Fossil Gen 6

Final month, some stories claimed Fossil would not launch Put on OS smartwatches, and the corporate was additionally providing large reductions on a few of its smartwatches, most likely to clear the stock, so this information should not be a shocker.

Fossil Gen 6 Wellness Edition
Fossil Gen 6 Wellness Version

That mentioned, whereas Fossil is exiting the smartwatch enterprise, the model confirmed it can proceed to maintain its current Put on OS-powered smartwatches up to date “for the following few years.” Here is hoping the updates for these watches will likely be devoid of bugs to supply the customers a easy expertise.

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