The Gear Live is Samsung's first Android Wear-powered smartwatch, announced at the Google I/O 2014 keynote on June 25, 2014 and announced for sale later that day. Physically, the device looks similar to Samsung's Tizen-powered Gear 2 Neo, though it has no exterior Samsung branding or the distinctive physical home button found on the Gear 2 Neo.
It's powered by a 1.2GHz processor and packs a 1.63" Super AMOLED (320 x 320) screen. Memory-wise, you've got 512MB of RAM and 4GB of onboard storage. The watch is IP 67 dust and water-resistant as well, all while having the distinctive feature of a heart rate monitor built into the back of the watch, setting it apart from other Android Wear devices.
The Samsung Gear Live sells on the Google Play Store for $199, and will also be available from a variety of retail locations as Samsung expands availability.