LG planning to revamp its recently launched 'G Watch'

LG is planning to revamp its smartwatch, just after two months of the official launch. The revamped smartwatch, 'LG G Watch R', would feature a more elegant round screen and is expected to launch next week.

LG uploaded a brief video on its YouTube channel which features images of a classic circular watch face and indicates the new smartwatch will be unveiled in Berlin at IFA 2014, Europe's largest consumer electronics trade show.

In addition to taking its design cues from traditional wrist timepieces, the new LG smartwatch appears to be following the lead of Motorola, which was teased at Google's I/O developer conference in June. That handset, which is due to be officially launched at an event held in Chicago on September 4, also features a round face and is expected to cost USD 250 and feature a 1.5-inch backlit LCD touch screen.

Launched in June, the original G Watch marked Google's first foray into the smartwatch arena, a business that has seen a lot of entrants and interest, but few sales. Google is attempting to create a level of consistency with the next wave of smartwatches with its Android Wear operating system-a version of Android customized for wearable products.