Samsung Prepares to Take on Apple in New SmartWatch Category

Wednesday, 20 Mar 2013 03:32 PM

By Cyrus Afzali

  Comment  |
   Contact Us  |
|  A   A  
  Copy Shortlink
The wrist looks to be the next battleground for technology dominance, as Samsung is preparing a device that will compete directly with Apple’s new watch-like product that will function much like a smartphone.

Lee Young Hee, Samsung’s executive vice president of mobile, told Bloomberg News the company is working hard to get ready for a new watch launch.

“We are preparing products for the future and the watch is definitely one of them,” he said.

Editor's Note: Use This Single Loophole to Pay Zero Taxes. See Video

Lee would not comment on the products features, nor would he divulge its price or anticipated launch date. Confirmation of the watch’s development comes a week after Samsung launched the Galaxy S IV smartphone, the highly-anticipated follow-up to the Galaxy SIII. The SIII was the main reason Samsung late last year became the world’s largest smartphone maker.

Both Apple and Samsung are developing new products as the global market for smartphones approaches saturation. By 2017, the annual growth in smartphone sales is expected to slow to 9.8 percent from the 27 percent growth expected this year. Apple reported its slowest sales growth in more than two years last quarter and Samsung said in January its smartphone demand was slowing as well.

While Samsung has yet to discuss the features in its forthcoming device, Apple has said it is considering allowing users to make calls and to see the identity and location of incoming callers. It is also expected to have a pedometer and a heart rate monitor, which would potentially make it popular for walkers and runners.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact Us  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Retype Email:
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Two Ancient Mayan Cities Unearthed in Mexican Jungle

Friday, 22 Aug 2014 13:14 PM

Deep in the southeastern part of the Mexican state of Campeche, the remnants of two ancient Mayan cities have been unear . . .

Dinosaur Footprints Set for Public Display in Utah

Friday, 22 Aug 2014 11:25 AM

A dry wash full of 112-million-year-old dinosaur tracks that include prints left behind by an ankylosaurus, dromaeosauru . . .

Scientists Puzzled Over Slowdown in Global Warming Despite Rise in Greenhouse Gases

Thursday, 21 Aug 2014 16:06 PM

The Atlantic Ocean has masked global warming this century by soaking up vast amounts of heat from the atmosphere in a sh . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved