Samsung is not giving up on Android Wear for future smartwatches

A few days back it was reported by by Fast Company (FC) that Samsung is giving up on Android Wear platform according to inputs by internal Samsung sources. Samsung has responded to the report saying that it is not giving up on the platform, though the response by the company is as unclear as the initially reported statement by internal sources to FC."We disagree with Fast Company's interpretation. Samsung has not made any announcement concerning Android Wear and we have not changed our commitment to any of our platforms." said Samsung in a statement as a response to the report. This response was reported in detail along with the initial inputs from the sources inside the company by Engadget.Looking at the statement, it looks really vague without any clear announcement of what is in store for Android Wear from Samsung after the initial launch of Gear Live at Google I/O in 2014, almost two years prior to the statement. In the meantime, Samsung has launched other wearables running it's in-house Tizen platform that enables them full control of hardware and software, something lacking in the Android Wear.The Tizen-based hardware in smartwatches has worked much better in market than the Android Wear based Gear Live for the company and it is logical for them to focus on Tizen than Android Wear in the long run.