According to Korea's It Times, LG will launch their beautiful LG G Watch R smartwatch on October 14th in Korea and major countries. The Watch will cost 352,000 Won ($330) in Korea.
The G Watch R uses a 1.3" (320x320) flexible plastic-based OLED panel, Android Wear OS, a 1.2 Ghz Snapdragon 400 CPU, 512MB of RAM and 4GB of storage. It has a 410 mAh battery which should last about a single day.
The OLED panel is less than 0.6 mm thick and features a special Power Save Mode (PSM) which is aimed towards wearable devices - allowing them to be turned on at all times with a "static" image while using less power.
LG is also supplying the flexible OLED panel used by Apple in their upcoming Watch. LG Display currently makes those OLEDs in a 4.5-Gen fab (6,000 substrates per month). LG expects to double the capacity by the end of 2014, and the company is also considering constructing a Gen-6 facility for flexible displays, but it has not been decided yet.