Bloomberg reports that Samsung Electronics Co. is developing a wristwatch technology which would likely compete against Apple Inc.’s my rumored iWatch technology. Lee Young Hee, executive vice president of Samsung’s mobile business said, “We’ve been preparing the watch product for so long. 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.” The news comes after people familiar with Apple’s plans said last month that the company has close to 100 designers trying to develop a wristwatch-like device that performs the same functions as the iPhone and iPad. Read more
I dare Samsung to put their computer/watch on the market before Apple does, I really do. I personally don’t think the company is willing to take the risk and have it blow up in their face. That’s the kind of company Samsung is. It’s a stalker company that takes advantage of opportunities in markets that have been proven successful by other companies. I’m willing to bet that if Apple’s computer/watch becomes quickly popularized, Samsung will immediately jump into that market within months of Apple’s product launch and happily ride on Apple’s coat-tails. Samsung’s product will then offer more features at a substantially lower cost. That’s how Samsung operates.