We don't want to say we're killing time, but maybe you should look over these tech specs while we get the teardown table warmed up:

1.39 inch (35 mm) circular AMOLED display with 454 x 454 resolution

11.8 mm thickness at 32g

Wireless charging

Accelerometer, gyro, heart rate, barometer, compass, SpO2 (Blood Oxygen Testing)

Water resistant to 5 ATM

Bluetooth 5.0

We gossiped a little about last year's Chinese version of the Mi Watch, with its more-than-passing-resemblance to another watch made by that lifestyle company in Cupertino. With this new version, Xiaomi switched to an all-new, circular design.

Side by side with its predecessor (left) and the Samsung Galaxy Watch (right)—we're not seeing major changes in terms of hardware components, but the new design direction is evident. This watch even grew another button, perhaps to keep up with Samsung.

But putting the 42 mm version of the Huawei Watch GT2 right alongside it, we notice an even stronger resemblance.

Maybe there are only so many ways to shape something that straps to your wrist. Let's look inside.

Even though it's water resistant up to 50 meters, this Mi Watch opens easily with a Torx T2 bit from our Mako Driver Kit and a little bit of prying. It's nice to be reminded that "waterproof" does not have to mean "glued together."

Our first look inside is also encouraging, as we spot some standard Phillips screws. It would've been even better if only one screwdriver was needed, but luckily we're well prepared.

A little prying frees the battery easily. It’s great to see this common repair got prioritized, with a simple modular connector—no soldering required.

The battery is a 1.62 Wh (420 mAh at 3.85 V) Li-ion block which charges wirelessly.

In addition to the battery, the bottom part of the watch case bears a cable assembly with a tiny vibration motor, the heart rate and SpO2 sensor array, a barometric sensor, and a MEMS microphone.

Hiding behind the sensor board and peeking through the metal shield is a Texas Instruments AFE44l30 Biosensor Analog Front End module.

Just two Phillips screws secure the main board—twist them out, and the board floats free as if by magic in this zero-gravity photo that we totally didn't stage.

After removing the mildly glued-in button cable, we find the following on the top side of the board:

Ambiq Micro AMA3B MCU

Bosch Sensortec BMI270 3-axis accelerometer/gyroscope

The bottom side features these chips:

STMicro STM32L4R9ZI6P microcontroller based on an Arm® Cortex®-M4

Paragon PN26Q01AWSIUG 1 Gbit NAND flash memory

AIROHA AG3335MN multi-GNSS chip featuring a MediaTek MT3333 SoC

Geomagnetic sensor (likely)

AKM Semiconductor AK0991x electronic compass

SGMicro SGM41562 Li-ion battery charger w/power path management

It's been a pretty good experience so far, but here's the part we've been avoiding. Smartwatches that open through the back usually come with very difficult screen repairs, and the Mi Watch is no exception.

To free up the display assembly, we had to use a heat gun at about 300 °C (572 °F) and a razor blade, causing the screen some damage.

Last thing to come off are the two side buttons, held in place by tiny metal washers (rings) on the inside of the watch body.

Time heals all wounds, but probably not our little Mi Watch—that's going to take some effort.

This little wrist-flatterer's moment of teardown fame is nearly finished. As always, the final step is to compute the repairability score. For that, there's no time like the present.