The Galaxy Gear, which will allow users to make calls, access email and even surf the Internet, will launch on September 4, said the sammobile.com site.
The world's top handset maker will also launch its new Galaxy Note 3 on that day, the site reported.
(Also see: Samsung may unveil Galaxy Note III, smart watch on September 4: Report)
Bloomberg said the first version of the smart watch would not have a flexible screen.
Wearable computing, including Google's Glass eyewear, is considered as the next frontier in consumer electronics following smartphones.
In June, Sony unveiled the latest version of its SmartWatch, which links with smartphones to receive alerts about phone calls, emails and updates from social networks and also includes a music function.
Samsung's US rival Apple has long been rumoured to be working on introducing an "iWatch", which would represent the biggest gadget launch by the firm since the iPad mini last year.
Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.
Samsung Galaxy Watch 9 (44mm, LTE)
Starts from ₹44,999
Samsung Galaxy Watch 9 (40mm, LTE)
Starts from ₹37,999
Samsung Galaxy Watch 9 (40mm)
Starts from ₹37,999
Haier M70 Mini LED 65-inch
Starts from ₹74,990
CMF Buds Neo True Wireless Stereo (TWS) Earphones
Starts from ₹2,199
Xiaomi TV FX Mini LED 65
Starts from ₹64,999
IFA 2026: Lenovo Unveiled New IdeaPad, Yoga and ThinkBook Laptops
IFA 2026: Nvidia RTX Spark PCs, Local AI Tools Announced With October Launch Planned
Luna Band Now Available Globally: Check Price in India, Specifications and Features