It’s Gen 5 with a smaller design and a cheaper price

Fossil has unveiled its new Gen 5E collection of smartwatches, which seems to indicate we might be kept waiting a while longer for its Gen 6 watches to land.

The Gen 5E essentially arrives as a cheaper alternative to Fossil’s Gen 5 watches, offering many of the same features and still runs on Google’s Wear OS operating system.

For the men’s models, it’s available with leather, silicone and stainless steel bands with all options available in three different colors.
…
Continue here:
https://www.wareable.com/android-wear/fossil-gen-5e-release-date-price-specs-8113