The Apple Watch will sell for $349 when it hits stores next year. Motorola's Moto 360 goes for $249 and Samsung's smartwatch, the Galaxy Gear, starts at $199.
Now, a Chinese company wants to sell you one for $7.
Fastfox, a technology startup, says keeping software simple and hardware minimal lets them offer a smart wristband starting at prices nowhere near their fancier counterparts in the growing wearable-tech space.
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