Samsung working on wristwatch, joins Apple: source

SEOUL (Reuters) - Samsung Electronics Co is developing a wearable digital device similar to a wristwatch, a source with direct knowledge of the matter said, joining rival Apple Inc in creating new products as growth of smartphone sales slows. The Samsung device will perform many of the tasks of a smartphone, the source said on Tuesday, without giving further details. The source declined to be identified because Samsung did not want to reveal to the public any information about its new product line at this time. Samsung would not discuss its detailed product pipeline. ...

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