Back in March last year, there were reports out of China that Xiaomi is working on its own smartwatch, although no availability details were revealed at that time. Then, there were rumors that it will be unveiled at an event in November - that, we all know, didn't happen. Now, for the first time, Xiaomi has confirmed the existence of the wearable device. The confirmation came from the company's co-founder and VP Liu De, who also revealed that the smartwatch will be made official in the second half of this year. Sadly, he didn't reveal a specific launch date/month as well as any specs...
Source: http://www.gsmarena.com/xiaomi_smartwatch_coming_in_h2_2016-news-18003.php
