Foxconn showcases smartwatch prototype (for the iPhone)

Just days after Sony debuted its revamped smartwatch, Foxconn is showcasing a smartwatch prototype designed to work with Apple’s iPhone lineup.

Although not officially endorsed by Cupertino, users can pair the device with an iPhone to display a stream of updates, including call information and Facebook posts. As expected, the smartwatch also measures a user’s heartbeat, along with other relevant health statistics.

As previously reported on TG Daily, Apple is widely believed to be prepping its own smartwatch for a launch that could take place sometime in the near future.

Of course, it remains to be seen how Cupertino’s wrist device will compete with other smartwatches already on the market like Pebble and Sony’s Android-friendly timepiece.

“This wouldn’t be the first time Apple entered a market where it wasn’t the first player though,” Liliputing’s Brad Linder explained in a recent blog post.

“The company was hardly the first to produce a portable MP3 player, a smartphone, or a tablet. But Apple pretty much dominates those spaces these days. So I doubt Apple executives are afraid of competition from Foxconn, Pebble, or others.”

True, although times are slowly changing, with a polished Apple losing some of its shiny luster in recent months as the spotlight shifts away from a post-Jobs Cupertino.