Samsung $299 Galaxy Gear Tests Demand for Smart Watches

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#1
Samsung launches the smartwatch first - is this going to be a hit?

http://www.bloomberg.com/news/2013-09-04...tches.html

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Samsung Electronics Co. (005930) set the price of its Galaxy Gear at $299 as the biggest maker of smartphones beats Apple Inc. (AAPL) in unveiling a wristwatch device that can make phone calls, surf the Web and take photos.

Featuring a 1.63-inch (4.1-centimeter) screen and 1.9-megapixel camera, the Gear will go on sale Sept. 25, Shin Jong Kyun, head of Samsung’s mobile business, said at the company’s headquarters in Suwon, South Korea. The device syncs with tablets and smartphones using Google Inc.’s Android software to make phone calls.
Samsung showed the Galaxy Gear yesterday at IFA, Europe’s largest consumer-electronics show, as it races Apple and Sony Corp. (6758) to carve a share of the market for wearable technology amid slowing growth in smartphones. The first companies to sell devices that multitask could lock customers into their platform and boost device sales, with researcher Strategy Analytics expecting 500,000 Galaxy Gears to be shipped this year.
“Device makers like smartwatches because they are personal devices that are highly visible to consumers,” Neil Mawston, an executive director at Strategy Analytics, said in an e-mail. “If you see your friend wearing a cool smartwatch on their wrist, you will probably want one, too.”
The Gear weighs 74 grams (2.6 ounces), is available in six colors -- including orange, gold and lime green -- and has an ultra-thin screen using organic light-emitting diode, or OLED, technology. Sales will begin in 140 countries, with the U.S. and Japanese debut in October.
Apple IWatch
The device has a fitness tracker and works with about 70 applications, according to Samsung. It has a 4-gigabyte internal memory and 512 megabytes of RAM. It links wirelessly to a user’s smartphone. Samsung unveiled the Gear at a tented event in central Berlin, away from IFA’s giant halls, to thousands of attendees.
A built-in speaker enables hands-free calls from the Gear while voice recognition features allow users to draft messages, set alarms and check the weather.
Samsung rose 1.9 percent to 1,365,000 won as of 11:32 a.m. in Seoul. The stock has dropped 10 percent this year compared with a 2.4 percent decline for the benchmark Kospi index.
Apple, based in Cupertino, California, has a team of designers working on a watch-like device, two people familiar with the matter said in February. The company sought trademark protection for the “iWatch” name in Japan, according to a June 3 filing. Sony already has its Smartwatch that syncs with Android handsets. The Smartwatch 2 will reach stores this month, and can be used as a second screen for the Xperia Z1 smartphone, Sony said yesterday at IFA.
Rival Smartwatches
“We expect Samsung Galaxy Gear to sell reasonably well, but it is most likely to be Apple that catalyzes the smartwatch industry,” Mawston said. “Apple should be able to blend the iWatch into its iOS ecosystem in a much tighter way than the fragmented Android community.”
Qualcomm Inc. (QCOM), the biggest maker of chips for mobile phones, will begin selling a connected wristwatch called Toq, the company said yesterday.
Sales of wearable gadgets, including the Galaxy Gear and Google Inc.’s SmartGlass eyewear, will grow to 70 million units in 2017 from 15 million this year, according to Jupiter Research. The watch industry will generate more than $60 billion in sales this year.
Samsung also unveiled its Galaxy Note 3, a combination smartphone and tablet computer with a 5.7-inch screen, improved software and more accessories than its predecessor introduced at IFA a year ago.
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#2
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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#3
presentor is certainly not Steve Jobs #2....
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#4
(05-09-2013, 04:47 PM)AlphaQuant Wrote: presentor is certainly not Steve Jobs #2....

Can't agree more....Big Grin
A more lively video from CNET, which also includes Sony product,

Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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#5
The only issue I have with this wave of so-called smart watches is that AFAIK, they are not standalone devices; but required a smartphone to pair with. So frankly the logic of buying such a device stumps me? Is it really more convenient to refer to your watch as opposed to just whipping the phone out of your pocket or your bag?

What I would really like would be a standalone smartwatch like Omate TrueSmart: Water-resistant standalone Smartwatch 2.0 . This makes more sense to me if I just want to leverage on the android platform to run apps but not necessarily need it to sync with my smartphone to begin with.
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#6
(05-09-2013, 06:56 PM)lonewolf Wrote: The only issue I have with this wave of so-called smart watches is that AFAIK, they are not standalone devices; but required a smartphone to pair with. So frankly the logic of buying such a device stumps me? Is it really more convenient to refer to your watch as opposed to just whipping the phone out of your pocket or your bag?

What I would really like would be a standalone smartwatch like Omate TrueSmart: Water-resistant standalone Smartwatch 2.0 . This makes more sense to me if I just want to leverage on the android platform to run apps but not necessarily need it to sync with my smartphone to begin with.

Yes, I share the same view. On top of that, it costs US$299 per piece. I wouldn't get one, even it is available in Singapore.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#7
I was already importing fully standalone mobile watchphones from PRC to play with in 2007. Bluetooth, Camera, music player, full gprs and email, sms and PIM functions well supported on capacitive touchscreen display. And guess what. They cost only usd50 a pop.

I cant believe these tech giants are so late to the game.
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#8
(06-09-2013, 08:52 AM)shoeboxlife Wrote: I was already importing fully standalone mobile watchphones from PRC to play with in 2007. Bluetooth, Camera, music player, full gprs and email, sms and PIM functions well supported on capacitive touchscreen display. And guess what. They cost only usd50 a pop.

I cant believe these tech giants are so late to the game.

Imo, the tech giants are not late, it is those first-movers are earlier to the game.

Be a first mover is not always an advantage, the key is right on time. Of course, first mover + right timing is the best.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#9
Does anyone know that in as early as 2004, Microsoft released its own version of kinda smart watch - Fossil SPOT watch?

Just like Smartphones or Tablets, Microsoft has implemented those technologies far before Apple or Samsung. Just the hardware at the time limited the popularity of them.
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#10
(06-09-2013, 02:38 PM)freedom Wrote: Does anyone know that in as early as 2004, Microsoft released its own version of kinda smart watch - Fossil SPOT watch?

Just like Smartphones or Tablets, Microsoft has implemented those technologies far before Apple or Samsung. Just the hardware at the time limited the popularity of them.

History lessons,

From IBM to Microsoft - A Brief History of The Smartwatch
International Business Times September 4, 2013
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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