A Samsung executive has confirmed speculation that it will unveil a new smartwatch, the Galaxy Gear, at an event next week. Lee Young-hee, executive vice president of Samsung Mobile, tells the Korea TImes that the device will be based on Android and feature a "non-flexible" display. Lee calls the Galaxy Gear a "wearable concept device," which raises the question: will Samsung sell its smartwatch to the mass market? Lee adds that Samsung is "confident that the Gear will add meaningful momentum to the mobile industry," implying the device is just an early exploration of a potential market, rather than one aimed at mainstream adoption.

In the same interview, Lee also confirms that the Galaxy Note III, a sequel to the popular tablet / smartphone hybrid the Galaxy Note II, will make an appearance at the September 4th event at the annual IFA conference in Berlin. She later goes on to dismiss rumors that Samsung is preparing to buy the struggling Canadian manufacturer BlackBerry.