Samsung's mobile executive VP Young-hee Lee has confirmed that the company is hard at work preparing a new smart watch. Bloomberg reports that Lee indicated a desire to be first to market with a new breed of smart watch.
"The issue here is who will first commercialize it so consumers can use it meaningfully."
He is, no doubt, referring to the rumours which continue to swirl regarding Apple's plans to enter the smart watch arena. Arguably, if anyone can get a smart watch to market it's Samsung — because it already has a rich history of producing watch-phone double acts. They just haven't been very good.