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Samsung confirms development of Galaxy Smart Watch

Apparently, the Galaxy S4 (opens in new tab) is just the tip of Samsung's ambitions for 2013 - the South Korean electronics giant is also readying a smart watch product to take the world by storm this year.

Rumours of a 'Galaxy Watch' (opens in new tab) gained traction ahead of the launch of the Galaxy S4 (opens in new tab) handset, but while intriguing peripherals like the S Band fitness accessory broke cover in New York City on 14 March, a smart watch wasn't among the products unveiled.

However, Samsung VP of mobile business Lee Young Hee has apparently confirmed that a watch-like gadget is indeed in the pipeline, though he stopped short of dropping hints about functionality, pricing, or an expected arrival date.

"We've been preparing the watch product for so long," Hee revealed in an interview with Bloomberg. (opens in new tab)

"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," he added.

Samsung's bitter rival Apple is also understood to be preparing a smart watch offering based on its iOS software, with wearable technology widely regarded as the next big consumer electronics market.

According to Hee, it's not simply a case of speedily pushing out a smart watch, but creating a genuinely useful product that consumers will value.

"The issue here is who will first commercialise it so consumers can use it meaningfully," he commented.

James is a freelance editor, journalist, and writer with 10+ years experience in digital media, SEO and news writing. He has produced content on a number of Future sites, including TechRadar, ITProPortal, Tom's Guide, and T3, and was Senior Staff Writer at ITProPortal.