From CNET: Samsung plans to introduce its first Android Wear device at Google's developer conference next week, people familiar with the matter told CNET. The wearable will be a smartwatch, much like the Gear devices Samsung has released in the past year, the people said.
Samsung has been working on an Android Wear smartwatch that uses Samsung's own chips, as well as another model built off of processors from Qualcomm, one person said. It's unclear which version Samsung will show at Google I/O. Android Wear is Google's operating system for smartwatches and other wearable devices.
Companies have been looking to wearables as a new market of opportunity as smartphone and tablet growth slows. By the end of this year, over 19 million wearable devices will ship worldwide, tripling last year's figure, market researcher IDC reported in April. By 2018, wearable shipments are expected to hit 111.9 million worldwide shipments -- still a small number compared with the 1.7 billion smartphones expected to be sold that year.
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