A few reports claims that Apple Watch 2 will be launched this year but a fresh hint from South Korea site suggests that successor of first generation of Apple Watch will be only available in 2016.Apple Watch 2

The report also claims that LG will be the sole display supplier for the Watch and they will retain the contract for next iteration of smartwatch as well.

LG had a beautiful first quarter of 2015, not thanks to LG G Watch or any company’s own product but thanks to LG display used in Apple Watch which recorded revenue of over $186 million.

The Cupertino based smartphone giant considered many suppliers for the next generation Watch’s display but finally considered LG as an exclusive supplier. LG is sole manufacturer of P-OLED panels which is used in Apple Watch.