The $200 gadget will go for a fraction of the standard-issue Apple Watch and is roughly $100 cheaper than Motorola’s latest Moto 360. Mobvoi Inc., the Chinese AI startup backed by Google, intends to go toe-to-toe with Apple Inc. when it begins selling its smartwatches in the U.S. in September. Longer term, shipments of smartwatches could reach 82.5 million by 2020, from about 21.3 million in 2015, IDC has estimated. Alphabet Inc.’s Google led Mobvoi’s last round of financing in October, valuing the company at $300 million. The new version responds to questions in English and will let U.S. users order pizzas, hail Ubers and pick out restaurants on Yelp.

Source: Thanhnien News July 26, 2016 00:22 UTC