Fossil Group has officially announced its exit from the smartwatch business, indicating that its current Gen 6 smartwatches will be its last. The company plans to redirect resources to traditional watches and accessories, but will continue to support its existing Wear OS watches with updates for the next few years. Fossil's departure from the smartwatch market reflects the challenges faced by Google's Wear OS platform, with the company struggling to compete in a market dominated by tech giants. Fossil's decision comes as the smartwatch market has seen a decline in demand, with the company accounting for just 2% of the market. The move also coincides with the upcoming release of the Pixel Watch 2, for which Fossil is offering trade-in incentives for its defunct smartwatches.
Google's smartwatch platform has been struggling for years, and with Fossil leaving the game, Wear OS 3 is proving to be the final nail in the coffin https://t.co/KyVwhQfL8l
OPINION: Fossil was let down by Google before smartwatches exit Read the piece on PULSE by Wareable https://t.co/VvtmOyIRAF https://t.co/JDHX7rrc06
Fossil smartwatches are dead; you can get up to $140 in trade-in towards Pixel Watch 2 https://t.co/28Y74NoA6E by @nexusben
Time’s up for Fossil’s smartwatch business https://t.co/z4Ek7gOq52 https://t.co/ue6bagL770
Fossil is officially done making smartwatches https://t.co/CPEXZrp09a
Fossil smartwatches go extinct: Company quits Wear OS ecosystem https://t.co/8xtOLJWM53
Time's up for Fossil's smartwatch business https://t.co/z4Ek7gOq52 https://t.co/if61Hnff5O
#Fossil used to be one of the biggest names in #WearOS #smartwatches. Now, the company is officially calling it quits. https://t.co/1KgeDrDvlO
Fossil kept Wear OS alive for years, but made up just 2% of smartwatch market https://t.co/n1RfMI1MBI by @nexusben
ICYMI: PULSE by Wareable is out now. Exclusive in-depth wearables coverage weekly. 7 game changing wearable tech patents: https://t.co/XvNLhAtb9z https://t.co/ZQvVJkOtia
Fossil’s smartwatch journey ends: CEO confirms exit from Wear OS market https://t.co/RqgldFfCWP
Fossil exits smartwatch market, ceding ground to tech giants #Fossil #smartwatch https://t.co/6ptVBsdGJn
Fossil won't be making any more smartwatches https://t.co/BHQtHikdBt
It's the end of the line for Fossil's smartwatch experiment. The company is exiting the market after years of struggling to compete. #Fossil #WearOS #FossilSmartwatch https://t.co/6ptVBseeyV
Fossil exits smartwatch market, ceding ground to tech giants #Fossil #Smartwatch https://t.co/6ptVBseeyV
WearOS was a clunky product to begin with. But it’s also clear that smartwatches aren’t the must-have products they were made out to be. At least not yet. https://t.co/rkS6D7HH7K
$FOSL leaving the smart watch game. Might be interesting https://t.co/f3yvHf3LXO
Fossil is done making smartwatches but will keep releasing updates for a few years https://t.co/uyDmxfULS2 https://t.co/hEXfi0S4pt
Fossil will no longer make Wear OS smartwatches https://t.co/4sClT74zZY
Fossil Group is exiting the smartwatch business, redirecting resources to traditional watches and accessories Read more at: https://t.co/gGtHadvI8c https://t.co/WZ3ePeIoSq
Fossil is Quitting Smartwatches https://t.co/bpHbKoaZ8i
Fossil has announced that its current Gen 6 smartwatches will be its last https://t.co/TpRNFaHrLG
Fossil Group plans to leave the smartwatch business, and says the company will continue to keep its existing Wear OS watches updated "for the next few years" (@vicmsong / The Verge) https://t.co/n9zdiIywsI 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/yKk2bEJwXO
Fossil is officially done making Wear OS smartwatches https://t.co/msYZmcMmYb by @nexusben
Fossil is quitting smartwatches https://t.co/nOt64DfYgC