The iWatch for Q3 2014

Apple's rumored iWatch has been one of the most highly-anticipated products to launch in 2014. 

The report cites an alleged bill of materials for the device, and claims that Apple has asked 

suppliers to deliver the products starting in August, placing the device's launch sometime in Q3.

The iWatch will be manufactured by Quanta Computer, while Taiwan-based chip design house Richtek has also entered the supply chain. The device's touch panel will be supplied by TPK, the paper noted.

The report also claims that Apple is looking to ship 65 million units in 2014, a number which would crush the competition. Apple will reportedly design the processor behind the iWatch, 

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