Smartwatch race is on as Samsung confirms it’s in the game

Samsung has confirmed to Bloomberg the rumors that it’s working on a smartwatch to rival the widely-speculated Apple iWatch.

Known for being a ‘fast follower’, a company that, er, watches what others do and aims to quickly launch a competitive product, Samsung appears to be following Apple’s lead in revealing nothing at all about the device: no feature-list, no visuals, no price, no launch-date. Samsung’s executive vice president of mobile business Lee Young Hee said only: “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.” Thanks for that, Samsung.

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The alleged screenshots that appeared last month on Slashgear suggested a 500