Apple's (AAPL +0.5%) smartwatch will join the iPhone 6 in sporting an NFC radio that will enable a tap-to-pay payments solution, the WSJ reports. Given recent reports, NXP (NXPI +0.5%) is the likely chip supplier.
At the same time, Apple is said to be "still working out engineering kinks in production," and one source says there's "no way" the watch ships this year (meshes with a re/code report). Pre-orders will be taken in advance.
No word on pricing; re/code has reported Apple has mulled a $400 price point. Unsurprisingly, Jony Ive is said to have overseen development. Ive has reportedly boasted Apple's watch spells trouble for Switzerland.
Meanwhile, KGI's Ming-Chi Kuo reports the watch will have 8GB of storage, and that the display sizes will respectively be 1.3" and 1.5". Kuo reported of NFC support back in April, and of limited 2014 production in July.