Samsung will announce the latest Gear S smartwatch next week
Samsung is set to launch a new smartwatch at an event next week under the Gear brand, the electronic giant's mobile head told us, just days before Apple is expected to unveil its next wearable. In an interview with CNBC DJ Koh, the president of Samsung's mobile division, said that the next generation of the Gear S series of smartwatches will be launched at IFA next week, a consumer electronics trade show in Berlin. Samsung has been prolific when it comes to its wearable launches. It launched two versions of the Galaxy S3 smartwatch in August 2016, and currently sells a fitness band called the Gear Fit. The wearable market hasn't exploded as many had expected, but it has been growing. Wearable shipments hit 102.4 million units in 2016, marking a 25 percent year-on-year rise, according to data from IDC. In the first quarter of 2017, Samsung shipped 1.4 million wearables, growing over 90 percent year-on-year, holding 5.5 percent market share, IDC data showed...