Friday, April 26, 2024

The wearables battlefield is strewn with casualties

Share

In business, the phrase we are reviewing strategic options is a useful sign that shutters are being drawn. Wareable reports that those words were uttered by TomTom CEO Harold Goddijn when discussing his companys wearables division. Sales of its running watches have fallen by 20 percent in a year, and Goddijn wants to focus on TomToms core businesses. Its likely that TomTom will exit the wrist-worn hardware market at some point soon, and it wont be alone.
2017 has been a…

Read more

Read more

More News