ZTE IS SET TO LAUNCH IT'S OWN SMART WATCH AFTER THE LIKES OF SONY AND SAMSUNG

ZTE appears to be looking to drop the price
of smartwatches by making its own low-cost
version of the wearable gadget.

Check out Samsung smart watch here
The Chinese tech company plans to unveil a
smartwatch in the beginning of next year 2014,
according to The Wall Street Journal . This
gadget will be similar to other smartwatches
already on the market, like Samsung's Galaxy
Gear, but designed for a more money-
conscious crowd.
"We are focusing on the mainstream market,"
Lu Qianhao, ZTE's head of handset marketing
strategy, told the Journal.
ZTE is known for its affordable smartphones,
like the ZTE Source, which retails for about
$220 and the ZTE Overture that costs $150.
According to the Journal, the company's
upcoming smartwatch will only be compatible
with ZTE's smartphones, but that could
change after the device's launch.
Tons of tech companies have jumped into
the smartwatch 'craze' over the last year.
Samsung launched its Galaxy Gear in
September, and Pebble recently started
selling its version of the wearable. Other
devices from makers such as Sony, Martian,
and Qualcomm have also popped up, along
with ongoing rumors that Apple is
developing an iWatch and Google is readying
its Google Now.

Check out Samsung smart watch here

Those smartwatches already
on the market cost anywhere from $150 to
$350.
According to the Journal, ZTE's smartwatch
will first be available in China and then
could be launched in the US and European
markets.
We'll
update the story when we get more
information.
Source: Cnet