Update: Samsung has refuted the Fast Company article in a statement: “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.” In terms of commitment, Samsung has shown little towards Android Wear in the past two years. However, the company likely wants to keep the possibility of making future Wear devices open.
Despite being one of the launch partners for Android Wear in 2014, Samsung will no longer make Android Wear devices. Talking to Fast Company, Samsung says no devices are in the works or being planned. The company will instead focus on using Tizen OS for wearables.