In early 2012, a fundraising by the maker of the Pebble smartwatch became the most successful in Kickstarter history, highlighting the potential of wearable computing devices. In September 2013, Samsung Electronics unveiled its Galaxy Gear smartwatch, while Qualcomm simultaneously revealed its Toq smartwatch.

In April, Huami launched its first fitness band that features electrocardiography (ECG) tracking. Photo: Shutterstock

Watch out! Huami sets sights on sport smartwatch dominance

Chinese wearables maker Huami, which produces the popular Mi Band fitness tracker sold on Xiaomi’s e-commerce platform, aims to surpass Garmin’s sales of sport smartwatches within the next two years, according to a top executive.