Most probably, Android Wear (which powers the G Watch) will also be detailed during Google I/O. Besides Android Wear, the LG G Watch features a dust- and water-resistant body, an always-on 1.65-inch display, and 4GB of internal memory.
It’s said that the G Watch will cost less than £180 in the UK, where it’s supposed to be launched “before July.” Should we expect the smartwatch to cost less than $200 in the US? Perhaps not, since £180 means $300 at current exchange rates. Anyway, we’ll certainly hear more about the device in the near future.
The G Watch will be the world’s first Android Wear-based product. Later this year, other smartwatches running Android Wear will be introduced by Motorola (Moto 360), Samsung, and other companies.
source: News1 (translated)