Intel subsidiary Basis is recalling its Peak fitness tracking watch. The company halted production of the device at the end of June due to an overheating issue that affected just 0.2 percent of the watches on the market, but had hoped to fix the issue with a software update. Now, developers are throwing in the towel, issuing a voluntary recall, and offering full refunds.
"We had hoped to update...
Worldwide revenues from sports, fitness, and activity tracking devices will grow by 46 percent between 2013 and 2019, according to a recent report from analyst group IHS Technology. The firm attributes growth to the increasing number of health-conscious consumers willing to buy heart rate monitors and other wearable devices.
IHS pegs global OEM revenue at $1.9 billion in 2013, which will rise to...
