Apple planning a cellular-capable Watch that cuts reliance on iPhone: report

Apple Inc. is planning to release an updated smartwatch later this year that can connect directly to cellular networks, a redesign aimed at reducing the device’s reliance on the company’s own iPhone, Bloomberg reported, citing people familiar with the effort.

Currently, Apple AAPL, +0.53% requires its smartwatch to be connected wirelessly to an iPhone to stream music, send messages and perform other functions. But with the change, at least some new Apple Watch models will be equipped with LTE chips that replace the iPhone dependency.

Intel Corp. INTC, -0.52% will supply the LTE modems for the new Watch, Bloomberg said, again citing unnamed sources believed to be familiar with the change.

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