Updated Mar. 19, 2013 at 7:16 a.m.

Premium Lock Samsung developing wristwatch with smartphone-like capabilities

Published: 2013-03-19 07:16:00
Updated: 2013-03-19 07:16:17

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Samsung wages innovation war with Apple People walk past by banners advertising Samsung and Apple's smart phones at a mobile phone shop in Seoul, South Korea, Tuesday, Aug. 28, 2012. A U.S. jurys $1 billion verdict against Samsung for what rival Apple claimed was the illegal copying of its iPhone and iPad designs signals a turning point for the South Korean electronics giant known for its prowess in adapting the innovations of others and nimbly executing production. (AP Photo/Lee Jin-man)

Samsung is developing a wristwatch as Asia's biggest technology company races against Apple to create a new industry of wearable devices that perform similar tasks as smartphones....

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