Samsung Is Working On Its Own Smartwatch

samsung_smartwatch_concep

samsung_smartwatch_concep

A new report says that Samsung Electronic Co. is working on a Smart Watch, the company’s Executive Vice President of Mobile told Bloomberg in an interview.

“ 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.

Last month, the New York Times reported that Apple was experimenting with the design of a device similar to a wristwatch that would operate on the same platform as the iPhone and would be made with curved glass.