W|W: The Wearable Weekly – Fitbit continues to gobble up competition

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

Tim Sweeney claims HTC Vive is outselling Oculus Rift 2-to-1 (PC Gamer)

After mixed year, Mobile AR to drive $108 billion VR/AR market by 2021 (SFGate)

Device Announcements

ZTE to launch first Android Wear smartwatch with LTE (Wareable)

ODG and China Mobile debut Migu Glass AR smartglasses (Shanghai Daily)

LG smartwatch running Android Wear 2.0 passes through FCC (9to5 Google)

Superflex and Yves Béhar team up on powered bodysuits for the elderly (Wareable)

Funding & M&A

Fitbit acquires smartwatch startup Vector (MobileSyrup)

Fitbit tried to buy Jawbone (Engadget)

VR startup Spaces raises $6.5 million (Variety)

 Major Milestones

Android Wear 2.0 to launch in February (MobileSyrup)

Fossil’s Android Wear watches removed from the Google Play store (Android Police)

Samsung wearables to support Under Armour apps (SportTechie)

vTime is Daydream’s first social app (UploadVR)

Samsung wearables now come with iOS compatibility (TechCrunch)

Rumours

Fitbit plans to launch an app store in 2017 (MobileSyrup)

Facebook has a team that is working on BCI (Business Insider)

Apple patent suggests they are working on more health wearables (Patently Apple)

Apple reportedly working with Zeiss on AR glasses (9to5 Mac)

Subscribe to The Wearable Weekly

Don’t forget to subscribe to The Wearable Weekly using the form below to make sure it hits your email inbox every week!