By Victoria Woollaston PUBLISHED: 10:54 EST, 6 August 2013 | UPDATED: 19:12 EST, 7 August 2013 Samsung has applied for trademarks for a ‘smartwatch’ that connects to the internet and can make phone calls. The Korean company is racing against its rival Apple to deliver the first watch that can surf the internet and make calls. Trademark applications in the US and South Korea describe the ‘Samsung Galaxy Gear’ as a wearable digital electronic device in the form of a wristwatch, wrist band or bangle. It has a flexible display that curves around three quarters of the device. A trademark application to the U.S patent office, pictured, has confirmed Samsung is working on a wearable device worn on a user's wrist. The filing affirms the company is working on a smartwatch-style device and that it will be called the Galaxy Gear
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Trademark application to the U.S. patent office has confirmed Samsung is working on a wearable device
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The wrist-worn gadget will make and receive calls, connect to the internet and store data
@placeholder is set to announce a new high-end iPhone handset, as well as a cheaper model in September and it could use the same event to announce the watch.