Lenovo does not want to launch any new Smartwatch on the market, not even for the release of Android Wear 2.0 in early 2017. The general public is not interested in smartwatches like Moto 360, Lenovo justifies the decision against The Verge.
The first Moto-360 Smartwatch was introduced in March 2014 together with the Smartwatch operating system Android Wear – just a few months after Google had announced to sell Motorola to Lenovo. The second generation of the Moto 360 appeared in September 2015.
Lenovo goes with it not only with a more than a year old clock into the Christmas business. Even if a successor will appear at all, it is obvious: Wearables lack the broad appeal, said Shakil Barkat, head of global product development at Moto, to The Verge. Therefore, no new Smartwatch will be launched on the market. However, one could imagine a return to the market if the technologies for the wrist improved, so Barkat.
Smartwatches less in demand than imagined
Smartwatches have not developed into the hit the companies saw in them. In the third quarter of 2016, according to International Data Corporation (IDC), the sales figures for smartwatches have fallen by over 50 per cent. In addition to Apple, Lenovo was the worst with its Moto 360. Their sales fell 73.3 percent year-on-year to just around 100,000.