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With regards to smartwatches , the Chinese have done a great job at reducing the prices(as always).

But the software isn't great(unless it's wear). So I'm curious - why does nobody release a decent smartwatch is , that supports apps, and can run well on a cheap($50) watch ?

At that price point, many new users might be interested.

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The problem with smartwatches today is it's still unclear what type of apps they should run. So you might be able to create super smartwatch that's just as powerful as a smartphone but is that what people want?

I was into smartwatches back in their early 80 and 90's versions.

There is nothing interesting on this third wave for me personally versus what was already possible.

I see it as a solution the vendors are looking for, to sort out the increasingly stagnant sales of smartphones and tablets.

Specially in the countries where people don't switch their phones every two years, which is the majority of the world actually.

xiaomi moves to that space, we will hear more about it probably, considering they are proceeding with huami[0].

[0] http://www.gsmarena.com/xiaomibacked_huami_amazfit_smartwatc...

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