Samsung reportedly sold 500,000 smartwatches in Q1 2014

Posted on May 19 2014 - 1:00pm by Valerie Richardson

Galaxy Gear

According to a new report, Samsung has sold 500,000 smartwatches in the first quarter of the year, which is until the end of March. This comes with a total smartwatch sales of 700,000 during the period, which makes it clear that the Korean manufacturer has been the most successful smartwatch maker in early 2014.

Interestingly, these numbers only take the Galaxy Gear into consideration as the new trio of Gear devices weren’t launched until Q2. So the numbers for the second quarter will be significantly greater for the company. But Samsung will be content to know that it had a 71% smartwatch marketshare in the first three months of the year.

The Galaxy Gear is expected to get an update to Tizen in the coming days, so it will be well in line with the Gear 2 and the Gear 2 Neo as far as functionality is concerned. The first gen Gear smartwatch wasn’t well received at launch due to the high price tag and lack of enough compatible devices at launch. But Samsung rectified some of that with the new smartwatches, so it will expect to do a lot better this year.

Source: Strategy Analytics

Via: Android Beat

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26 year old tech writer based in London, UK. Have prior experience working with major media conglomerates. I'm also a lover of all things tech. Well, basically anything with a display and a power button on it.