LG's webOS smartwatch set to release in early 2016: Report

A report has said that LG's much awaited webOS smartwatch is set to release in early 2016.

A report has said that LG's much awaited webOS smartwatch is set to release in early 2016.

A source 'familiar with the plans' said that the company is trying to build a software ecosystem around areas 'we can have more control over,' reported The Verge.

LG already makes two smartwatches, the G Watch and G Watch R, which run on an Android platform. The company teased a third model at CES, developed in partnership with Audi .

However, the prospect of a watch built on the webOS platform has many users and developers excited. LG owns the rights to the platform and has already used it in a line of smart TVs.