Pursuits

Apple’s Looming Watch Spurs Frenzy of Upgrades for Android Timepieces

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As Apple Inc. prepares to release its much-heralded smartwatch, rival gadget makers are racing to upgrade their own devices to ward off market-share losses.

By mid-2016, Apple will account for 15 percent to 20 percent of sales of the devices, estimates Transparency Market Research analyst Saurav Kumar in Pune, India. That will come partly at the expense of current vendors, such as Motorola Mobility Holdings LLC and Samsung Electronics Co., he said.