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
Technavio sizes smart ring market at $12 million by 2021 (Business Wire)
Fitbit posts first quarterly loss since IPO (MarketWatch)
Sony sells nearly one million PSVR headsets (UploadVR)
Global sales of smartphone VR headsets set to grow to 70 million by 2021 (CCS Insights)
Funding, Acquisitions & M&A
Fitbit paid USD $23 million for smartwatch maker Pebble (MobileSyrup)
Zappar Gets $3.75 million to make developing mobile AR easier (UploadVR)
Device announcements
Valve SteamVR standalone tracking base stations will soon be sold separately (Engadget)
Vuzix enters into development agreement with Toshiba for a customized smart glasses device (Yahoo Finance)
Manus VR development kit will go on sale in March (Toms Hardware)
Huawei debuts snap-on 360 camera (CNET)
Huawei launches two smartwatches powered by Android Wear 2.0 (The Verge)
Samsung and Oculus made a controller for the Gear VR (The Verge)
Qualcomm announces new VR dev kit and headset accelerator program (TechCrunch)
Major milestones
YouPorn launches VR platform (Digital Trends)
ASUS confirms Android Wear 2.0 release (Android Headlines)
Nokia completes acquisition of Withings, decommissions the brand (TechCrunch)
Google shows mixed reality tech using dynamic 3D models of users’ faces (Engadget)
Technicolor launches virtual and augmented reality-focused sound lab (The Hollywood Reporter)
ZeniMax files injunction to stop Oculus sales (Ars Technica)
Rumours
Fitbit Alta HR uncovered (Forbes)
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!
Image via Digital Trends