Samsung Gear

Samsung has announced the Gear 2 and Gear 2 Neo smartwatches. Both are compatible with Smasung's Android smartphones, but neither watch actually runs Android instead switching to Samsung's own open-source OS, Tizen.

The Gear 2 and Gear 2 Neo essentially are the same thing, only the Neo a tad smaller and lighter, has no camera and has different color options.

Here are the Samsung Gear 2 specs:

Display 1.63-inch Super AMOLED (320 x 320) 
Processor 1.0 GHz Dual Core Processor
Operating system Tizen-based wearable platform
Camera (Gear 2 only) 2.0 Megapixel Auto Focus (1920x1080, 1080x1080, 1280x960)
Video Codec: H.264, H.263; Format: 3GP, MP4; HD(720p, @30fps) Playback & Recording
Audio Codec: MP3/AAC/AMR/Vorbis; Format: MP3, M4A, AAC, OGG
Camera Features Auto Focus Camera, Sound & Shot, Location Tags, Signature
Fitness features 1. Heart Rate sensor; 2. Pedometer; 3. Exercise (Standalone Modes: Running, Walking; Companion Modes: Cycling, Hiking); 4. Sleep & Stress (Downloadable)
Music Music Player with Bluetooth Headset and Speaker
Watch-on Remote Remote Controller via IrLED Sensor
Basic Features Bluetooth Call, Camera, Notification(SMS, E-mail, Apps)
Apps Media Controller, Schedule, Smart Relay, S Voice, Stopwatch, Timer, Weather
Downloadable features Calculator, ChatON, Flashlight, Quick Settings, Voice Memo
Gear 2 strap options Charcoal Black, Gold Brown and Wild Orange
Gear 2 Neo strap options Charcoal Black, Mocha Grey and Wild Orange
Ruggedness IP67 Certified Dust and Water Resistant, Noise Cancellation
Featured apps Banjo, BMW, CNN , Conde Nast, Expedia, eBay, Evernote, Feedly, GARMIN, Glympse, GM (Onstar 4GLTE), iControl, Line, Path, Paypal, RUNTASTIC, Volkswagen, Weather Channel, Under Armour (Map my fitness).
Samsung Services Samsung Apps
Connectivity Bluetooth® v4.0 LE, IrLED< 
Sensors Accelerometer, Gyroscope, Heart Rate 
Memory 512MB RAM
Storage 4GB
Dimensions Gear 2: 36.9 x 58.4x 10.0 mm, 68g; Gear 2 Neo: 37.9 x 58.8 x 10.0mm, 55g
Battery life Li-ion 300mAh; Typical Usage 2~3 days, Low Usage up to 6 days