GEAR-ING UP: Shin Jong-kyun, president and CEO, head of IT and Mobile Communication division of Samsung presents the Samsung Galaxy Gear smartwatch during its launch aat the IFA consumer electronics fair in Berlin,
BERLIN/SEOUL: Samsung Electronics Co Ltd and Qualcomm Inc unveiled smartwatches on Wednesday, tapping a potential "wearables" market worth an estimated US$50bil (RM163.87bil) as the high-end mobile phone market becomes saturated.
The companies launched the devices at nearly simultaneous events in Berlin and San Diego, and some analysts immediately questioned whether the devices were too costly, with expected prices near US$300 (RM983.25).
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