Samsung seems to be have a monopoly in all the fields. Recently, Samsung Electronics Co is working on a new invention and is developing a wearable digital device similar to a wristwatch, a source with direct knowledge of the matter said. There were also news that Apple was also working on the similar project.This new invention by Samsung will performs many of the functions that we expect and does with our smartphone. However sources has not given its further details what it will actual be. Samsung do not want to reveal to the public any information about its new product line at this time.
Samsung would not discuss its detailed product pipeline. “We are constantly exploring new technologies and developing various form factors,” said company spokeswoman Chenny Kim.
Last month, the New York Times reported that Apple was experimenting with the design of a device similar to a wristwatch that would operate on the same platform as the iPhone and would be made with curved glass.
These two technologies innovators, Samsung and Apple have taken a hit as the world’s top two mobile device manufacturers keep underwhelming consumers with their latest smartphone models.
Samsung shares dropped nearly 5 per cent, or around $10 billion, in just two trading sessions after it launched its latest Galaxy S smartphone late on Thursday, partly hit by concerns that its flagship product lacks the ‘wow factor’ and may not live up to expectations.
The Galaxy S4, unwrapped to much fanfare in New York to challenge Apple’s iPhone on its home turf, offered some incremental evolutionary improvements, but media reports have since suggested these features may not be sufficient to excite buyers in an industry that lives and dies by innovation. They have to prove themselves better in order to become the best in this high competition in the market.
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