According to the Verge, the new smartwatch’s low energy mode will let it continue display the time even with short battery life left. With the current battery technology, battery life is a major concern for Apple Watch and other wearables.

According to reports, Apple engineers have kept the smartwatch in a case that makes it look like one of Samsung’s Gear smartwatches.

Meanwhile, another report said that South Korea's LG Display Co Ltd and the display-making subsidiary of Samsung Electronics Co Ltd will supply screens for Apple Inc's smartwatches.

The report, which cited unidentified industry sources, said LG Display will be the sole supplier of organic light-emitting diode (OLED) screens for the Apple watches that go on sale in April.
Samsung Display will also become a supplier for the next version of the smartwatch that is expected to go on sale either sometime in the second half of this year or early 2016, the report said.
Apple has scheduled a special event on March 9, where it is expected to showcase Apple Watch. The watch, which will let consumers check their email, pay for goods at retail stores and monitor personal health information, represents Apple's first major new product introduction since the 2010 launch of the iPad.