ZTE Plans to Release Smart Watches in 2014

 
 
 
ZTE is planning to consolidate its position in the rapidly growing market of personal electronic gadgets. The company specializes in the production of smartphones. However, the recent press release published by the company reads that ZTE is planning to develop and introduce its own version of a smart watch in 2014.
 
Market Leader previously reported about the fact that smart watches are being currently developed by other tech giants, including Sony, Samsung, Apple etc. Still, ZTE is planning to produce low-cost devices, which are expected to be in great demand worldwide.
 
At the same time, experts assume that over the next few years the price of such gadgets will be decline while their functionality will definitely be expanded.
 
Still, ZTE hasn't specified the approximate release date for the next year. However, they say the first commercial model will come into the Western market.
 
The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of ZTE: