According to the product page, this isn't your average smartwatch. The Toq has a Mirasol screen similar to the one found on the late Kyobo Mirasol eReader.
There's no mention of the screen size or resolution, but the Mirasol screen is reportedly going to make it possible for the Toq to run for several days without needing to recharge.
Update: The TOQ has a 1.55" screen with a resolution of 288x192.
Qualcomm is pitching the Toq as being able to pair with Android smartphones over Bluetooth so it can receive notifications on the watchface. This watch also includes a pair of BT earbuds and it comes with a wireless charging station built into the case. With luck there won't be any need to worry about plugging in the Toq; just drop it on the charging station at night.
Hands on Coverage
Even though I haven't seen it myself I do know that early reports say that this smartwatch will feature several different watch faces, including one that displays both time and weather information as well as another that matches the time with upcoming calendar appointments. The Toq can also display text messages and notifications, and it can control the music app on the smartphone.
I might be erring in calling the Toq a smartwatch; it's more of a smartphone companion. A lot of its settings are only going to be accessible via the companion app, and that runs on the smartphone.
This watch is expected to be released later this year with a retail of around $300. You can sign up to be notified on the Qualcomm website.