Taiwan-based Quanta Computer Inc <2382.TW>, the sole assembler
of the Apple Watch, started mass production earlier this year to
get ready for an April launch, the Journal said. (http://on.wsj.com/17MpwkR)
Thousands will work round the clock during the Chinese New Year
holidays at Quanta's factory in Changshu, China, the newspaper
reported, quoting one person.
Apple said it does not comment on rumor or speculation. The
iPhone maker's shares rose as much as 1.9 percent to a record
$129.45 on the Nasdaq on Tuesday morning.
The entry-level Apple Watch Sport model accounts for half the
production order, while the mid-tiered Apple Watch will count
for a third, one person told the WSJ.
The high-end Apple Watch Edition with 18-karat gold casing, is
expected to have relatively small orders in the first quarter,
but Apple plans to produce more than 1 million units per month
in the second quarter, the Journal reported, citing the person.
The Apple Watch, starting at $349, can receive phone calls and
messages, play music, serve as a digital wallet to pay for goods
and monitor heart rates via special sensors.
(Reporting by Anya George Tharakan in Bengaluru; Editing by Ted
Kerr and Joyjeet Das)
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