Facebook is on the verge of rolling out first-ever smartwatch in summer 2022. In February report stated that Facebook was working on such an item but on Wednesday it came into the limelight.
This watch will have two cameras and a display. The cameras can be detached for taking photos and videos like you can do with the smartphone or GoPro camera. The content must be shared on Facebook and Instagram and also on the other apps which are owned by the company. Employees of Facebook mentioned that the watch will cost around $400, as per The Verge, but the price tag may change also.
As per the source the outlet, Facebook has already spent around $1 billion for developing the first iteration of the smartwatch since 2019. Currently, Facebook has denied commenting.
Well, this product might be another push by the company into the hardware market which may put Facebook head-to-head against Apple in this smartwatch arena. The company found healthy sales in the year 2020, although the people were at home due to the pandemic. In the first half of 2020, Apple was found as the global leader of the smartwatch market almost by 55%.
However, Google’s acquirement by Fitbit has given the company an edge in the smartwatch world.
As the outlet notes, Facebook is in conversation with the US wireless carriers for equipping the watch with LTE connectivity and the product will soon come up with three colors, white, black, and gold. It is noted that Facebook’s smartwatch might sync with the company’s future AR smart glasses.
On Wednesday, in a tweet, Facebook’s vice president of augmented and virtual reality Andrew Bosworth shared The Verge report and also mentioned the company is investing in “research like EMG, haptics, adaptive interfaces that could come together in a wrist-based form factor.” He also said the company will “share more when we’re ready.