Samsung and Qualcomm release smartwatches

Samsung and Qualcomm release smartwatches

Reuters: Forging a  "wearables" market worth a potential $50 billion, Qualcomm and Samsung have expanded their reach beyond mobile phones.

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 $300.

Samsung's Galaxy Gear smartwatch works as an accessory to its market-leading Galaxy smartphone, with a small screen offering basic functions such as photos, hands-free calls and instant messaging.

Qualcomm's "Toq" smartwatch can play music and handle phone calls and messages. It will be the first smartwatch with a touch-enabled "Mirasol" color screen that can be viewed easily in bright sunlight.

Read more.