
It’s not every day an executive at a major public technology company will go on record and confirm an unannounced product, but
Samsung’s (
005930) mobile boss seemed happy to be the exception to the rule on Tuesday. Speaking
with Bloomberg, executive vice president of Samsung’s mobile business Lee Young Hee confirmed that Samsung is developing a smartwatch to take on the unannounced “
iWatch” that
Apple (
AAPL) is reportedly developing.
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