Samsung finally unveiled their rumored Galaxy Gear smartwatch on Wednesday during the IFA consumer electronics show in Berlin. This is weeks ahead from the purported unveiling of the Apple Inc. (NASDAQ:AAPL) smartwatch.

Samsung Galaxy Gear Watch

Samsung Galaxy Gear Features

This exciting new watch features a 1.63 inch 320 x 320 pixel super AMOLED screen with a metal frame and a 1.9 megapixel camera that is embedded into the rubberized band. The strap also comes in six different color choices. It also features a 800MHz processor and 512MB of RAM. As predicted, this new watch syncs with tablet computers and smartphones. It allows users to check messages or control their music settings without touching their phone.

Galaxy Gear uses the Android operating system, and will feature seventy optimized applications to start with. This new smartwatch will hit stores in October and retail for just $299.

Samsung Also Launched Galaxy Note 3

During the IFA event, Samsung also unveiled the Galaxy Note 10.1 tablet and Galaxy Note III phablet. Both products are key in the mobile industry and will likely help boost the South Korean company’s profits over the next few quarters. They made a splash by debuting the Galaxy Smartwatch before Apple Inc. (NASDAQ:AAPL) releases theirs. Next week, Apple Inc. (NASDAQ:AAPL) will unveil the long-awaited iPhone 5S and possibly the iPhone 5C. The company is also predicted to unveil their version of the smartwatch later on.

Since everyone these days seem to have a smartphone or tablet, it’s crucial that tech companies find a new gadget that will interest tech fans. A smartwatch could be the perfect thing to complement other mobile gadgets and improve the overall experience for users. This new watch will make it easier to get things done, while adding convenience for the smartphone user. Right now, it’s still to early to tell how this new gadget will sell, but if it’s anything like predicted, it could be huge.