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According to CNET, Samsung will debut a new smartwatch running Android Wear, Googles new OS designed specifically for wearables, at next weeks 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 Samsungs own chips, though its 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. Samsung is well ahead of wearables races at this point, however, having launched the Galaxy Gear last fall.