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Fossil announced its withdrawal from the smart watch business. With the development of the smart watch field, the company decided to realign its resources, focus on its core business areas, and continue to develop traditional watches, jewelry and leather products.
While Fossil plans to exit, it will continue to update existing Wear OS smartwatches in the coming years. There were previous reports that Fossil would stop selling Wear OS smartwatches and offer significant discounts on certain products.
(Source: ChannelNews Image source: Freepik)
