The Traderszone Network

Published in TZ Latest News 3 September, 2015 by The TZ Newswire Staff

Samsung to make new smartwatch available to competition

Samsung Electronics said on Thursday it would make its next smartwatch technology available to its competitors who also use Google Inc’s (GOOGL.O) mobile platform Android, hoping to increase its share of the market, which is now dominated by Apple Inc (AAPL.O). Making the new smartwatches compatible with smartphones made by competitors could help sales for Samsung, which saw its market share shrink sharply following the launch of arch rival Apple’s Apple Watch. “We are leading the way in this segment,” said Younghee Lee, Samsung’s global marketing head for mobile.