Lenovo Moto has no plans to release third-gen Moto 360 smartwatch

Lenovo Moto has no plans to release third-gen Moto 360 smartwatch

In a Thursday announcement, Lenovo Moto has revealed that the company does not have any plans to launch a third-generation model of its Moto 360 smartwatch.

The announcement implies that Lenovo Moto will not release a new model of its Moto 360 smartwatch to time it to the release of Google's Android Wear 2.0 version which is scheduled for launch in early 2017.

Lenovo Moto, incidentally, did not have any Android Wear releases in the 2016 cycle also. The company had last released an Android Wear-powered device in fall 2015, when it launched the second-generation model of the Moto 360 smartwatch. That launch was followed, a few months later, by the release of the 'Sport' version of the device.

With the third-generation Moto 360 not being planned by Lenovo Moto, the company said that the second-generation Moto 360 smartwatch will likely receive an update to the forthcoming Android Wear 2.0 software, but the 2014- launched original model of the smartwatch will not get the update.

In confirming that a new Moto 360 smartwatch will not be released by Lenovo Moto, Shakil Barkat - the company's chief of global product development - said that the company does not "see enough pull in the market to put [a new smartwatch] out at this time." However, Barkat also added that Lenovo Moto may revisit the smartwatch market in the future in case there is an improvement in smartwatch technologies.