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Apple is reportedly already testing its first smart watch, frequently dubbed the iWatch, and it has a 1.5-inch OLED display according to fresh reports from Economic Times. RiTdisplay has reportedly been tapped to provide the screens and touch sensors for the device. Apparently Apple had to settle on the 1.5-inch screen after it decided that a 1.8-inch display was too big for most wrists.

Foxconn is building the device and has already received an order for 1,000 units, Economic Times said. A separate report from Bloomberg in March suggested that more than 100 Apple employees were assigned to develop the iWatch and that the wearable computer will launch this year.

We're not quite sure what it will look like or how it will work just yet, but we hope that Apple embeds Siri support and that it works seamlessly with iOS devices such as the iPad and the iPhone. Apple's annual developer conference WWDC kicks off next month but we think it might be too early for the company to chat about its iWatch plans.