While the webpages for the watches are still live, the 'Buy now' button has since disappeared. Lenovo first suggested in January that they were reconsidering the smartwatch business and so this move will not come as a shock.
However, other players in the market haven't given up hope yet. As we exclusively revealed a few weeks back, Huawei's new smartwatch will be arriving in the UK, April/May 2017 and LG have just unvelied an array of watches with Android Wear 2.0.
In fact, there have been leaks of ZTE's incoming smartwatch at MWC as well- so if you are in the market for a new watch, all is not lost yet!
Mobile World Congress 2017: Sony, Huawei, LG and Lenovo plus what we'd like to see
Here is our original story from when Lenovo said no to newer Moto smartwatches:
We have written earlier about how the smartwatch market is going through a slow decline, and this was basically reiterated today by a Lenovo executive who said that there 'isn't enough pull in the market' to launch a smartwatch at this stage. Lenovo's Moto smartwatches run Google's Android Wear OS, so whether they are not releasing a smartwatch because they don't like Android Wear or because the market is indeed down isn't very clear so far.
Speaking to the Verge, Shakil Barkat, head of Global Product Development at Motorola and Lenovo’s mobile group said that "wearables do not have broad enough appeal for us to continue to build on it year after year" but he also said that the company may revisit the market later on in case the demand for smartwatches improves. What this means is that we won't get to see the next-generation Moto 360 smartwatch until the foreseeable future.
May bans smartphones and smartwatches at Cabinet meetings over security fears
Earlier this year, research firm IDC discovered that the total number of smartwatches sold in the third quarter of 2016 was less than half the numbers sold in the same period of last year. While total sales crossed 5.6 million units last year, watch makers could sell only 2.7 million smartwatches in the third quarter of this year. A major contributor to such lack of sales was the delayed launch of the Apple Watch Series 2 but then, this implies how dependant the rest of the industry is on the Apple Watch series to survive as a group.
As of now, Apple and Samsung have launched their respective smartwatches but the future looks quite bleak for Google's Android Wear 2.0 given that both Huawei and Motorola have opted out in the meantime. Samsung has permanently given up on the platform and all it's smartwatches now run on the home-grown Tizen OS so it will be interesting to see if Google will find any new takers for it's OS in the short term, given how bleak the demand for smartwatches is at the moment.