According to CNET, Samsung will debut a new smartwatch running Android Wear, Google's new OS designed specifically for wearables, at next week's I/O event. Sources familiar with developments say that the company is working on at least two devices, one running a Qualcomm chipset and another using Samsung's own chips, though it's currently unclear which one will be revealed on the 25th.

Google announced Android Wear earlier this year, stating that the OS is designed to get "real-time speed, distance and time information on your wrist for your run, cycle or walk." Shortly after the announcement, LG and Motorola revealed their plans for new smartwatches running the OS. Both companies are expected to launch their devices next week. Samsung is well ahead of wearables races at this point, however, having launched the Galaxy Gear last fall. It then followed that device up with the Tizen-based Gear 2 and Gear 2 Neo, as well as the Fitbit-like Gear Fit only months later.