Fossil Group announced its decision to exit the smartwatch market and concentrate on its traditional product lines. As a prominent player in the production of Google’s Wear OS smartwatches, Fossile’s departure is expected to leave a void for those looking for alternative smartwatch designs that aren’t from Apple or Samsung. “As the smartwatch landscape has...
Smartwatch sales surged in the second quarter while sales of basic wearable fitness trackers declined for the first time, signaling a turning point in the market, according to data released Thursday.