Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about wearables this week, this is it.
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Statistics & Forecasts
Garmin’s fitness segment grew 34 percent, with revenue for 2016’s second quarter at $213 million (MobiHealthNews)
New report places a market value on Wearable Technology of $170.91 billion by 2025 (Tech Times)
Fitbit results show 5.7 million trackers in the quarter, with 54% of those the Blaze and Alta (Wareable)
Device Announcements
Xiaomi unveils its Mi VR Play virtual reality headset (Wareable)
Polar debuts its M600 fitness watch (Fast Company)
HoloLens opens up purchase of HoloLens to everyone in US & Canada (Fortune)
Funding & M&A
TheWaveVR closes $2.5 million seed (PE Hub)
Owlchemy Labs raises a $5 million Series A (TechCrunch)
Major Milestones
HTC announces its own app store (The Verge)
Valve opens up SteamVR tracking to all developers (The Verge)
Homido launches its V2 VR headset (Engadget)
Android Wear’s Together being shut down September 30 (9to5 Google)
Jaunt launches new publishing program for VR content (Variety)
Basis recalls overheating devices (Engadget)
Envelop VR launches Envelop for Windows (Fortune)
Netflix releases its first VR experience for “Stranger Things” (TechCrunch)
Rumours
New Samsung patent looks suspiciously like the Apple Watch (Business Insider)
Intel is working on a depth sensor for the Vive (The Verge)
Subscribe to The Wearable Weekly
Don’t forget to subscribe to The Wearable Weekly using the form below to make sure it hits your email inbox every week!