An anonymous reader quotes a report from The Verge: Lenovo Moto today confirmed that it will not be releasing a new smartwatch for the launch of Android Wear 2.0, due early next year. The company had earlier said it would not be releasing a new smartwatch in 2016, but it is now saying that it doesn’t plan to put out a new device timed to the arrival of Google’s newest wearable platform, either. Shakil Barkat, head of global product development at Moto, said the company doesn’t “see enough pull in the market to put [a new smartwatch] out at this time,” though it may revisit the market in the future should technologies for the wrist improve. “Wearables do not have broad enough appeal for us to continue to build on it year after year,” Barkat said, and indicated that smartwatches and other wearable devices will not be in Moto’s annual device roadmap. Whether or not Moto does jump back into the smartwatch market is still up in the air, but Barkat is leaving the possibility open. “We believe the wrist still has value and there will be a point where they provide value to consumers more than they do today,” Barkat said. But it doesn’t appear that we’ll be getting a new Moto 360 or other smartwatch any time in the near future. Google announced back in September that it would be delaying the launch of Android Wear 2.0 from this fall to next year. LG and Huawei have also confirmed that they would not be releasing new smartwatches until at least next year.
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