Are smartwatches a dumb idea?

Et tu, Samsung? The Korean manufacturer announces that, like Apple, it's also working on a smartwatch

A blinged out Sony Smartwatch
(Image credit: CC BY: Janitors)

Today, in news that shouldn't come as a surprise to anyone, Samsung announced that it's making its own smartwatch. Bloomberg reports that Lee Young Hee, executive vice president of Samsung's mobile business, told interviewers in Seoul that the race for a wrist-mounted mini-computer is on like Donkey Kong.

"We've been preparing the watch product for so long," Lee said during an interview. "We are working very hard to get ready for it. We are preparing products for the future, and the watch is definitely one of them... The issue here is who will first commercialize it so consumers can use it meaningfully."

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Chris Gayomali is the science and technology editor for TheWeek.com. Previously, he was a tech reporter at TIME. His work has also appeared in Men's Journal, Esquire, and The Atlantic, among other places. Follow him on Twitter and Facebook.