Samsung Exec Confirms Upcoming Smart Watch

Samsung's mobile executive VP Lee Young Hee has come out and confirmed that the company is hard at work preparing a new smart watch.

Bloomberg reports the news, adding that the he indicated a desire to be first to market with a new breed of smart watch, saying:

"The issue here is who will first commercialize it so consumers can use it meaningfully."

He is, no doubt, referring to the rumors which continue to swirl regarding Apple's plans to enter the smart watch arena. Arguably, if anyone can get a smart watch to market it's Samsung—because it already has a rich history of producing watch-phone double acts. They just haven't been very good.

There is, of course, no word on what Sammy's next watch might be like—the image above is of the ill-fated S9110 model from 2009—so we'll just have to wait and see. [Bloomberg via Engadget]