Xiaomi, surprisingly, hasn't released any smartwatch to compete with the Apple Watch or dozen of Android Wear smartwatches out there.

The Chinese tech giant is now dipping its toes into smartwatch waters with its first one called the Mi Bunny -- designed specifically for kids.

The $50 Mi Bunny, like Xiaomi's other fitness trackers, is low on the tech side. But the few things it does, it likely does well. It's primarily designed for parents to keep track of their kids.

There's no LCD on this guy. It has an LED display that can display 8-bit symbols, kind of like an on a Tamogotchi. 

With the built-in 4G SIM card, kids with the Mi Bunny can send voice messages to pre-set contact numbers and make emergency calls. The smartwatch also connects to Wi-Fi and a smartphone via Bluetooth. Battery life is said to last up to six days on a charge.

GPS lets parents or guardians know their exact location at all times. Parents can use a smartphone app that connects to the Mi Bunny to see their location on a map.

The Mi Bunny is compatible with Android devices running Android 4.2 (or higher) and iOS devices running iOS 8 (or higher).

The smartwatch's silicone band is small enough to fit kiddy wrists, but the limited features could also make it useful to keep tabs on senior citizens if the band fits.

In other Xiaomi news, the company is expected to unveil its Mi Band 2 fitness tracker alongside the Mi Max.

Have something to add to this story? Share it in the comments.