Join our Waitlist for Expert Advice!

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.

Business News

You Have One Month Left to Buy a House, According to Barbara Corcoran. Here's Why.

"If you are planning on waiting a year and seeing where interest rates go, you are out of your mind," Corcoran said.

Business News

This New Restaurant Is Banking on One Dish — Because It's the Only Entrée on the Menu

The new hotspot is gaining buzz on social media for its innovative yet super simple concept.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

4 Bold Leadership Moves Every Successful CEO Uses to Navigate Change

Ready to turn fear into fuel and lead with confidence? In this article, I share how leaving my corporate job without a plan led me to build a thriving business. Learn four bold strategies to embrace uncertainty and turn challenges into opportunities for growth today.

Side Hustle

I Made $14,000 in 1 Week With a Spontaneous Halloween Costume Side Hustle — Here's How

Sabba Keynejad was in art school when he started to refine his entrepreneurial skills.