LG reached out to us moments ago with news that the company's upcoming smartwatch, the Watch Urbane 2nd Edition LTE, has been canceled due to an unspecified hardware issue. There is no word at this time if the device will be released at a later date, but for now, LG is calling this a full-on cancellation of the launch.

We understand that you are currently reviewing our latest smartwatch; however, late in the quality assurance process for the LG Watch Urbane 2nd Edition LTE, our engineers were made aware of a hardware issue which affects the day-to-day functionality of the device. After further investigation, the decision was made to cancel the rollout of the Urbane 2nd Edition LTE due to the complicated nature of the issue. Whether the device will be available in the future will be decided at a later time. For now, our top priority is to ensure that only products that meet our very specific quality standards are available for purchase.

The Urbane LTE 2 was to be the first Android Wear smartwatch with mobile data connectivity, multiple function buttons, and presumably the first Wear device to launch with speaker and voice call capability. LG did not elaborate on the nature of the issue, and we have no more information at this time.