GLOBAL sales of wearable devices tripled year on year in the third quarter due to the debut of Apple Watch and low-cost devices of Chinese technology companies, research firm IDC said yesterday.
The total sales of wearable device sales hit 21 million units in the third quarter, a surge of 197.6 per cent year on year. The top-five brands were Fitbit with 22.2 per cent market share, followed by Apple's 18.6 per cent, Xiaomi's 17.3 per cent, Garmin's 4.1 per cent and Chinese vendor BKK's 3.1 per cent, according to US-based International Data Corp.
"Chinese vendors have seized on market momentum to grab market shares," Ramon Llamas, analyst of IDC's wearable team.
Source: http://www.shanghaidaily.com/business/it/Global-sales-of-wearable-items-triple/shdaily.shtml