Zhou Hongyi, the CEO of Qihoo and an angel investor, wrote a blog post  titled Why I Don’t Think Smartwatches Will Work Out. He doesn’t blame all the smartwatch makers worldwide but those Chinese ones. Smartwatch in general is at an early stage that better ones or services must come out later. I believe some Chinese industry people are reflecting on it and working on better solutions. The problems Mr.Zhou pointed out, most of which I agree on, may be temporary. Hopefully so.

Here are his thoughts,

Existing brand smartwatches by Chinese companies are sold from over 1000 yuan to over 2000 yuan. To give you an idea of what Mr. Zhou means by affordability: the two wireless routers Qihoo has launched are sold at 99 yuan ($16) and 19.9 yuan ($3).

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com