[tweet https://twitter.com/ASUS/status/501668895074181120/]

ASUS has officially confirmed that it will be unveiling its Android Wear smartwatch at the IFA next month, with a teaser tweet showing a smartwatch face displaying the quote “Time has been transformed and we have changed” … 

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We first heard that ASUS was working on a smartwatch back in June, with rumors of an IFA launch circulating a few days ago.

ASUS CEO Jerry Shen claimed that the watch “looks better than competitors’ products, but comes with a relatively low price tag.” A price in the $99 to $149 range has been rumored. The company will be hoping that the low price will enable it to succeed in a market where one influential analyst has said that only Samsung and Apple will prevail.

We will of course be bringing you full coverage from the IFA next month.

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