We’ve heard a number of reports Apple is currently developing a smartwatch, which is currently being called the iWatch, with a reveal expected to take place at the end of this year. New reports are coming in saying Apple is currently testing 1.5-inch OLED displays for use in a smartwatch.

The report is coming from the latest edition of a Taiwanese newspaper, Economic Times, which says Apple has tapped RITEK subsidiary RiTdisplay to begin sampling 1.5-inch OLED display as well as providing the touch sensor technology for the watch. The report continues by claiming Foxconn has already received orders to begin producing Apple’s smartwatch, although order volumes are said to only be around 1,000 units, which would indicate it would be produced for a small-scale trial.

Ever since Pebble was first announced, it seems a number of companies have been rumored to manufacture their own smart watch, such as Google and LG. Whether or not there’s a market for smart watch devices is yet to be seen, but considering Apple may be working on an iWatch, we think there could be a market for it once they announce their device.

Filed in Apple >Gadgets. Read more about , , and .

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