Though the reports have not been confirmed by Apple, a release in the second half would be in line with the iPhone maker's tradition of launching new products around that time of the year.
Apart from battery life and performance improvements, it's been suggested that the Apple Watch will finally gain LTE capabilities, something which many have speculated including KGI Securities analyst Ming-Chi Kuo who personally reported that Apple may refresh the Apple Watch Series 2 during early 2017 with LTE capabilities and minor tweaks.
Back in January, China's Economic Daily News reported that Apple was targeting the third quarter of 2017 for an Apple Watch 3 release. Featuring water resistance to 50 metres.
According to reports, Compal Electronics, a vendor, has been added to the supply chain for the production of the Apple Watch 3 and the shipping of the watches should happen on the second half of the year. The third-generation Apple Watch is expected to be much improved over the Apple Watch Series 2.
Ralph Lauren to shut down Fifth Avenue Polo store
Those anticipated savings are in addition to the annual $180 million to $220 million it announced in June. And don't worry, the flagship Polo Bar restaurant on Fifth Avenue is here to stay too.
Apple decision to keep the low profit margin low for the iPhone X series is said to be strategic plan to compete with Samsung Galaxy S8 Plus, which costs $840.
In 2016 Apple analysts estimated that the Cupertino, California-based technology giant shipped more than 11 million smartwatches. Apple shipped nearly 12 million Apple Watches past year, according to research firm Canalys, enough to command nearly 50% of the smartwatch market. Since companies belonging to the supply group have declined to comment on its orders as well as the clients it has partnered with, and DigiTimes continued to remain unsuccessful on this front.
Compal is the second largest notebook ODM worldwide and has been aggressively expanding into non-notebook businesses over the past few years. This state of affairs has changed now with the arrival of a new report that predicts a timeline for its release. The Chongqing facilities are expected to become the main manufacturing sites for devices ranging from smartphones to tablets to wearables.