Samsung

Samsung has confirmed that it's working on its own smart watch product, and has been for some time. The device will presumably be a major rival to Apple's anticipated iWatch, rumored to be released later in the year, as the mobile device space is increasingly seen as a two-horse race between Samsung and Apple.

Samsung executive vice president Lee Young Hee revealed the information in an interview with Bloomberg, but offered no clues as to which features might be included --

“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.”

Of course, there's no indication that such a product would run Android, but given Samsung's history with the platform there's at least a possibility. And given Samsung's history with Apple, it should come as no surprise to see the two companies preparing to compete in the wearable tech space too.

So might you be picking up a Galaxy Watch in the next year or so? Shout out in the comments!

Source: Bloomberg; via: iMore