Almost every major tech company is making a bet on smartwatches.
We've heard rumors of an Apple iWatch for a while now. We have knowledge of Google working on a smartwatch. Executives at Microsoft's suppliers in Asia told Bloomberg last month that the company asked them to ship displays for touch-enabled watch devices. LG is reportedly working on a smartwatch, and so is Samsung.
But if any company is going to succeed in the market, it sounds like it's going to be Samsung or Apple, or maybe even both.
"Samsung and Apple are traditional hardware companies and have spent nearly the last decade combining powerful technologies into the smartphone," Skooks Pong, VP of technology at Synapse, tells Business Insider.