Montblanc, the German company which makes luxury products, such as, watches, writing instruments and jewelry, has introduced its first ever smartwatch. The luxury smartwatch - which has been named the Summit - was revealed by Montblanc at an event in London on March 16. The gadget revealed just a few days after TAG Heuer launched its premium wearable named the Connected Modular 45.

"Meet Montblanc Summit. Our first smartwatch. Presenting a world-first for wearable technology: 1.39" of traditional curved sapphire glass meets the most recent Google control. Fueled by Android Wear 2.0, it works with both iPhone and Android mobile phones," shared the company on its Facebook page.

The Montblanc Summit brags "forefront innovation" combined with a great design, per the company's affirmations. It is focused on individuals who are "always on the ascent." However, being a Montblanc product, the Summit won't come inexpensively regardless of its essential features and specs.

The Montblanc Summit will sport a circular 1.39-inch (400 x 400) AMOLED display and will come pre-loaded with Android Wear 2.0. The smartwatch will be controlled by a Qualcomm Snapdragon Wear 2100 chipset. The wearable will house 512 MB of RAM and support 4 GB of storage. Montblanc additionally affirms that the watch will feature a 300 mAh battery, which will be fit for controlling it for a whole da, as per Engadget 

The first-ever smartwatch from the company will also include a heart rate screen or monitor, gyroscope, e-compass, barometer, light sensor and inbuilt microphone. The Summit is IP68 guaranteed, which fundamentally implies that Montblanc is both dust and water resistant.

Surprisingly, the Montblanc Summit will do not have an NFC chip, which is important for Android Pay and GPS support. This implies owners of the Summit won't profit by these features. The smartwatch, however, offers Google Assistant integration and support for a voice-activated Global Translator. The gadget will be perfect with handsets running iOS 9 or above and Android 4.3 or higher.

 The Verge cited that the Montblanc Summit has a beginning cost of $890 for the stainless steel models with a simple leather strap. In the event that the client needs a colored strap, then they need to spend an extra $40. The titanium model of the Summit begins from $980. The Summit is expected to go on sale in the U.S. in May and is recorded as "coming soon" on the Montblanc site.