Samsung is anything but new to the smartwatch world. However, it looks like the tech giant has been on the hunt to find the perfect smartwatch design that would successfully steer consumers away from the Apple Watch. Now we know it's going to be round, kind of like what has already been released by both Motorola and LG. What Samsung is reportedly coming up with is a “Moto 360-like” round device called Orbis, with a rotating ring for swapping between apps and notifications.

Word is, the smartwatch will come with wireless charging out of the box, according to SamMobile, making it similar to the Moto 360's charging dock the watch sits in when not in use. Unlike the company's very own Gear S, Orbis is not suspected to require the use of a smartphone to work. This could very well bring down the price, putting it in line with its biggest competition from Motorola and LG (PC Advisor).

The round appearance is becoming more appealing, as it reminds consumers more of a regular wristwatch than a gadget that doesn't look good with any of their outfits. The rotating bezel, as mentioned before, is suggested to be placed around the edge, acting as a navigator. It will use a crown-shaped button, similar to one found on the Apple Watch, for turning on the power, launching S Voice (Samsung's Siri), waking the screen, and double tapping as an emergency message option (PC Advisor).

While we all want to know more functionality found in the rotating bezel, Samsung's choice for a processor, resolution, and OS, we have to wait. There should be an SDK offered for developers interested in building more features for Orbis (Ubergizmo). We're going to hear a lot more about Samsung's first round smartwatch at the Mobile World Congress (MWC) in March, where the company will be presenting in Barcelona.