Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about wearables this week, this is it.
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Statistics & Forecasts
Analyst Neil Cybart said that he believes the iPhone maker’s Apple Watch business is worth $10 billion (Fortune)
IDTechEx analysts find that the wearable tech market will be worth over $30 billion in 2016 (IDTechEx)
Only 4% of surveyed patients responded that their doctor had recommended self-tracking with wearables in the previous year (ReadWrite)
Device Announcements
Final wave of pre-orders for PSVR sold out in minutes (UploadVR)
Lenovo’s Phab 2 Tango phone confirmed to be using Qualcomm Snapdragon 652 SoC (Ars Technica)
Intel halts production of Basis Peak due to overheating issues (MobiHealthNews)
Funding & Acquisitions
Starbreeze acquires French company ePawn (Gamasutra)
HTC announces $10 billion VC alliance (TechCrunch)
StretchSense confirms investment (NZ Herald)
Major Milestones
Envelop VR begins Beta (Road to VR)
NBC and Samsung team up to broadcast the Rio Olympics in VR (Fortune)
HTC Vive opens accessory store (Android Headlines)
Huawei sets up team for VR (Shanghai Daily)
VLC Player launches for HoloLens (Popular Science)
Deadmau5 launches VR game (Billboard)
Twitter is putting an AR/VR team together starting with the hiring of former Apple designer Alessandro Sabatelli (TechCrunch)
Google releases VR support for developers for mobile and Web Chrome (Fortune)
Rumours
Sketches of the cancelled OnePlus smartwatch surface (Ubergizmo)
PSVR bike peripheral shows up on Amazon (Playstation Lifestyle)
Rumors suggest that next Apple Watch will have GPS and be waterproof (BGR)
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