📺 Stream EntrepreneurTV for Free 📺

Watch Out Apple, Samsung Said to Release Smartwatch Device as Early as Next Month Called 'Galaxy Gear,' the wristwatch-like gadget will run on the Android operating system.

By Jason Fell

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

funny-videos.eu

Get ready gadget fans. Tech giant Samsung is said to be getting ready to release its smartwatch device, called Galaxy Gear, early next month. If that's the case, Samsung will be the first among its peers to bring a smartwatch to market.

Competitors including Apple, Google and Microsoft are rumored to be working on smartwatch devices of their own. Apple, for instance, was said to be on a "hiring spree" last month ahead of the expected release of its "iWatch" sometime next year.

Citing a pair of people familiar with the device, Bloomberg.com reported today that the Galaxy Gear will be released on Sept. 4, two days before the IFA consumer electronics show kicks off in Berlin. While pricing is still a mystery, Bloomberg said Samsung's smartwatch will be powered by Google's Android operating system and is expected to go on sale this year.

When contacted by Entrepreneur.com, Samsung said it "does not comment on rumors or speculation." In March, Samsung confirmed to Bloomberg that it was indeed developing a smartwatch product.

For more on the story, see the report on Bloomberg.com.

Related: Wearable Devices Could Revolutionize the Way We Do Business

Jason Fell

VP, Native Content

Jason Fell is the VP of Native Content, managing the Entrepreneur Partner Studio, which creates dynamic and compelling content for our partners. He previously served as Entrepreneur.com's managing editor and as the technology editor prior to that.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

The Met Museum, OpenAI Created an AI Chatbot With the Persona of a 1930s Socialite for a New Exhibit

The finale of the Costume Institute's latest fashion exhibit features a wedding dress worn 94 years ago by New York socialite Natalie Potter and an AI chatbot with her vibe.

Business News

Kevin O'Leary Says This Is a 'Huge Red Flag' When He's Looking at Resumes

The "Shark Tank" star took to X to share his opinions on job hopping — and how long you should really stay in a job.

Marketing

4 Things Ecommerce Startups Need to Be Careful About When Running A/B Tests

A/B testing is a powerful tool, but you should be aware of these aspects that people often overlook.

Marketing

10 Ways to Use AI for Hyper-Personalized Marketing

The future of marketing is not just about privacy and personalization. It's predictive, proactive and powered by AI.

Business News

'An Obvious Move': Elon Musk Suggests Warren Buffett Should Make This Investment Move Next

Berkshire Hathaway held its Annual Shareholder meeting over the weekend.