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LG is making Google’s smart watch and it will debut at the search company’s I/O developers conference, on June 25-26, 2014, according to a rumor at evleaks. LG is Google’s occasional Nexus 5 hardware partner.

The new specs show a device with a 1.65-inch screen, with a screen resolution of 280 pixels by 280 pixels, which makes for a display density of 240. It also has 512MB of RAM on board, alongside 4GB of storage, which makes it roughly equivalent in many ways to a low-end smartphone.

This is about the same size as the screen on Samsung’s recently announced Gear 2 smart watch (1.63 inches), although the Gear 2’s screen has a higher resolution (320 x 320) and runs Tizen.

A few days ago, Google’s Android boss Sundar Pichai announced that the company is working on a version of Android for smart watches that Google should formally unveil in a few weeks.

Apple is also rumored to have a smartwatch in the works, of course, which will likely work with iOS-7.

Intel reportedly paid north of $100 million to acquire Basis, which makes wristwatch health trackers, which has some 7 percent of the market, versus competitor Jawbone which has 21 percent. Wearables Insider has doubts on such a rumored deal. Intel recently has shown its own reference designs at CES, including a Siri-like Bluetooth headset named Jarvis and a smart chip it dubbed Edison, which was shown with smart baby clothing and smart mugs.

At Mobile World Congress wearables were fashionable, including Sony’s SmartBand, Huawei’s Talkband, LG’s LifeBand Touch and Samsung three new wearable devices were shown.

In 2013, Fitbits, Jawbone UPs, and Nike FuelBands accounted for 97 percent of all smartphone-enabled activity trackers sold at brick-and-mortar stores or through big ecommerce sites, according to NPD Group, which tracks the digital fitness device market. Currently, Qualcomm, Texas Instruments and STMicroelectronics, are providing the bulk of the sensors for wearables.

A recent report from BI Intelligence forecast a $12 billion market for wearable devices, led by wrist-worn gadgets.

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