Samsung set to announce smartwatch

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Samsung may be the latest company to enter the red-hot wrist-tech market. The South Korean company is planning to announce a new smartphone device that's worn on the wrist in September, according to a report from Bloomberg.

The Android powered device will be called the Galaxy Gear and will be able to handle the smartphone basics: phone calls, Web surfing and e-mails, said the report. Samsung will announce the product at an event on September 4, just ahead of the big IFA consumer electronics show in Germany.
full news: Samsung smartwatch: Report says company to release watch before Apple - CNN.com
 
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