"We have a dress watch with pedometer that can sense steps walked, calories burnt...Starting at USD 6. The price is low because it has rubber band strap. With metallic, it will cost USD 11. It stores data of about seven days which can be transfered to a personal computer," Taiwan-based Utmost Technology Group President Justine Shen told PTI at consumer electronics show IFA ending September 10.
In India, such smartwatches are available starting at USD 30 apiece.
China and Taiwan based firm expressed willingness to further cut prices if the order quantity is substantial.
Around a dozen of China and Taiwan based companies are selling smartwatches and bracelets. All of them are promising one-year replacement warranty.
These companies are offering water, dust and shock-proof smart bracelets containing sensors to track activities of users similar to what pedometers and sleep monitors do but for prices as low as USD 11/unit.
These China and Taiwan based companies claimed that they have CE certification--which means that their products comply with the essential requirements of European health, safety and environmental protection legislation.
Shenzen based 8S Mobile says its smartwatch, which can be used as phone and has a camera for taking pictures, is priced at USD 41 per unit for a minimum order quantity of 500 units.
Samsung's lowest priced band to measure or track physcial activity is available at around USD 96.
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