[September 18, 2018] |
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Huami Announces Two New Wearable Devices and AI Chip on Third Anniversary of Amazfit Brand
Huami
(NYSE: HMI), the second largest wearables company globally1,
announced today the release of two new smart wearables and a new
custom-designed chipset: The Amazfit Verge smartwatch, the redesigned
Amazfit Health Band 1S as well as the new low-power MHS001 wearables
artificial intelligence (AI) chip. Closely following the company's strong
second quarter earnings, the new product announcements represent
Huami's commitment to delivering the latest in AI development,
smartwatch functionality, smart home integration and medical-grade
wearables.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180918005967/en/
Amazfit Verge Smartwatch (Photo: Business Wire)
Amazfit Verge is Huami's latest flagship smartwatch featuring voice
assistance (Xiao AI), the ability to make phone calls through the watch
(via Bluetooth connection to a cell phone), a bright 1.3-inch AMOLED
display, 5 days of battery life, GPS + GLONASS, the ability to track
more than 10 different sports including running, cycling, tennis,
soccer, skiing and more, as well as daily activity (steps, calories,
distance) and detailed sleep tracking (light sleep, deep sleep, awake
phases and total sleep duration). Other included features and apps are
smart home controls, a five day weather forecast, on-board music for
phone-free exercise, smart notifications for emails, text messages,
calendar alerts and all other apps, a timer, stopwatch, alarms and
compass. An integrated NFC (near-field communication) chip allows for
payments via AliPay and UnionPay and bus ticket capability in over 165
cities.
Building on Huami's
April 2017 debut of the world's first ever wrist-worn ECG measuring
device sold directly to consumers, the second edition Amazfit Health
Band 1S can screen the heart rhythm in the background 24/7 and sends an
alert if it detects irregularities that appear to be atrial fibrillation
(AFib). This is then followed by a suggestion on the wrist band to start
a 30-120s electrocardiography (ECG) recording process to provide an even
more detailed heart health analysis. The user can also request a
personal analysis of their ECG data conducted y Huami-certificated
medical experts via a subscription fee.
Huami also announced the world's first wearable processor that comes
integrated with an AI neural network with four core artificial
intelligence engines - a cardiac biometrics engine named HeartID, plus
ECG, ECG Pro, and a Heart Rhythm Abnormality Monitoring Engine
(Arrhythmia). The RISC-V wearable processor with AON (Always On) module
has an open source instruction set and was designed for ultra-low power
consumption.
"The past three years have ushered incredible growth not only for the
Amazfit brand but the wearables market as a whole," said Frederik
Hermann, Head of U.S. Marketing and Sales for Huami. "Wearable
technology promises infinite benefits, but widespread consumer adoption
is often limited by expense. We are making clinical-grade technology and
personalized health data more accessible so people are empowered to take
control of their wellbeing and establish life-changing health habits."
Huami has experienced exceptional growth in 2018. As of second quarter
2018, the company grew 54.8
percent year-over-year and secured the number two spot on IDC's (News - Alert) list
of Top
Five Wearables Companies in Q2/2018. Strong top and bottom line
results were driven by robust sales of Amazfit products including Amazfit
Bip, which has become the third most popular smartwatch worldwide
according to Counterpoint
and Amazfit
Stratos, which received the 2018
Red Dot Design Award. In the first half of 2018, Huami sold
approximately 1.4 million Amazfit products, and revenue generated from
Amazfit products and other value added services was USD 76.5 million.
"The launch of our new smartwatches and medical-grade health devices for
consumers is another significant milestone for Huami in 2018 and largely
confirms what users and reviewers worldwide have been touting from the
beginning -- that Amazfit offers the
best low-key casual smartwatches around at a remarkable bargain,
just like the Casio
of the 21st century," added Hermann.
The new products are available in China for as of September 17th, 2018
and will roll out Internationally later in 2018 as well as early 2019,
exact dates will be released later.
About Huami
Huami is a biometric and activity data-driven company with significant
expertise in smart wearable technology. Since its inception in 2013,
Huami has quickly established its global market leadership and
recognition by shipping millions of units of smart wearable devices. In
2017, Huami shipped 18.1 million units of smart wearable devices. Huami
has one of the largest biometric and activity databases in the global
smart wearables industry. Huami's mobile apps work hand in hand with its
smart wearable devices and provide users with a comprehensive view and
analysis of their biometric and activity data. In addition to designing,
manufacturing and selling smart bands and watches under its own Amazfit
brand, Huami is the sole partner of Xiaomi, a leading mobile internet
company and global consumer electronics brand, to design and manufacture
Xiaomi-branded smart bands, watches (excluding children watches and
quartz watches), scales and associated accessories.
For more information please visit https://us.amazfit.com/
For media assets please visit: https://amazf.it/verge_assets
1 IDC Worldwide Quarterly Wearable Device Tracker Q2/2018 / https://amazf.it/2D8qc8C
View source version on businesswire.com: https://www.businesswire.com/news/home/20180918005967/en/
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