Fossil is exiting the smartwatch business


Fossil announced 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 study isn’t coming since Fossil has confirmed it is leaving the smartwatch enterprise.

Because the smartwatch panorama has advanced considerably over the previous few years, we’ve made the strategic choice to exit the smartwatch enterprise. Fossil Group is redirecting sources to assist our core energy and the core segments of our enterprise that proceed to offer robust development alternatives for us: designing and distributing thrilling conventional watches, jewellery, and leather-based items below 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 reports claimed Fossil would now 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 stated, whereas Fossil is exiting the smartwatch enterprise, the model confirmed it is going to proceed to maintain its current Put on OS-powered smartwatches up to date “for the subsequent few years.” This is hoping the updates for these watches shall be devoid of bugs to supply the customers a clean expertise.



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