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

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

Entrepreneur Staff

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.

Buying / Investing in Business

Former Zillow Execs Target $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Side Hustle

She Started a Creative Side Hustle While Working 'Dead-End' Jobs — Then Grew It From $10,000 to Over $50,000 a Month: '[It] Became Magnetic'

Alyssa O'Toole, 35, juggled "mismatched uniforms and odd hours" to turn her passion into a business.

Business News

TikTok Is Laying Off Some U.S.-Based Employees This Week. Here's What We Know.

TikTok did not disclose the number of employees affected by the layoffs.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Have You Made an Amazon Return in the Last Decade? You Might Be Getting a Refund.

Amazon is issuing refunds, and some returns are dated as far back as 2018.