Following rumors that Apple is developing a "smart watch", a Samsung executive revealed that the South Korean company is making its own wristwatch as the company's entry into the emerging wearable computing market. Full details at Bloomberg.
“We’ve been preparing the watch product for so long,” Lee Young Hee, executive vice president of Samsung’s mobile business, said during an interview in Seoul. “We are working very hard to get ready for it. We are preparing products for the future, and the watch is definitely one of them.”
Lee had no comment on what features the watch may have, how much it would cost and when it would go on sale. The Suwon, South Korea-based company already plans to release three high- end smartphones this year -- including the Galaxy S4 unveiled last week and one using the Tizen operating system -- as it competes with Apple for customers in a slowing global market.