Inventec to Land Orders for Apple iWatch?

A new report from DigiTimes says that Inventec is expected to land 60% of the orders for Apple's rumored iWatch. Apple is expected to debut the device in the second half of 2014.

The orders are estimated to contribute about 19% of Inventec's profits in 2014, according to an analyst at CIMB Group. The analyst expects Apple's iWatch to be priced between US$149-229 and consumers will purchase the device mainly to replace their iPods. The analyst pointed out that Apple's iWatch shipments are estimated to reach 63.4 million units in 2014.

While there is still much speculation around the rumored iWatch, Samsung today confirmed that it would be unveiling a Galaxy Gear smartwatch on September 4th.


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