I think Samsung and Nokia are two very different companies in their business strategies, presence in hardware and software. Samsung has good presence in other hardware business along with successful smartphone market. They are the biggest supplier to Apple. Dont think how Samsung would see a lesson from Nokia. Nokia could not very well utilize the smartphone market although they were predominatly phone company.
Among wearables, usability-wise, Google glass ranks higher than Watch. However, due to legal troubles and acceptability point of view, I consider Watch more adaptive. Watch+Glass can surely vanish smartphone necessity at all.
Junko, I'm surprised that you didn't mention Motorola in this article. If you go back in history, Motorola invented the cell phone and was the leader for many years. They dropped the ball and didn't move to digital quick enough and Nokia took the lead. Nokia didn't move to smart phone fast enough and Samsung/Apple took the lead. It looks like Samsung is not sure where to take the market next, so another company will probably take the lead.
I agree that "wearables" in general is a "big thing." But a (smart) watch? If everyone already has a smartphone with them at all times, where is the need for a smart watch? Would it be a smartphone replacement, or just a glorified fitness tracker? I'm not sure the former is all that practical or desirable, and the latter functionality could be achieved with something far less bulky and obtrusive.
Nokia tried to spot the trend with aquasition of Symbian, But could not capitalize on it. Similarly Samsung has spotted the trend. Next big thing seems to be a Watch. Still there is no significant player in Market who is capitalizing on it.
@Junko: There is so much of scope for new development for both auto electronics and consumer medical electronics. They will be consumed by mass market. As regarding margin, if Samsung produces unique prosucts with sensors and high integration they can demand good margin.
@_hm, really? Automotive electronics is notoriously cost-driven and medical electronics demands a lengathy approval process. Neither strikes me as promising for a big company like Samsung to carry itself into the next decade.