Samsung to Introduce Smart Watch

Samsung Electronics Co. will introduce a wristwatch-like device named the Galaxy Gear next month that can make phone calls, surf the Web and handle e-mails, according to two people familiar with the matter.

The Galaxy Gear will be powered by Google Inc.'s Android operating system and go on sale this year to beat a potentially competing product from Apple Inc., the people said. The device will be unveiled Sept. 4, two days before the IFA consumer electronics show begins in Berlin, one of the people said, asking not to be identified because the plans are private.

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