At the exact same time that Samsung was unveiling its new Galaxy Gear smartwatch (more on that from Reviews Editor Ron Amadeo later today), Qualcomm was making a smartwatch announcement of its own. While the company is primarily known for its Snapdragon chips, it will also be producing its own smartwatch called “Toq.”

Engadget has spent some hands-on time with the device, but we’ll boil it down to the essentials: Toq is a touch-enabled smartwatch that tethers to your Android (now) and iOS (soon) smartphone via Wi-Fi and Bluetooth. You can read e-mails and texts and respond to them in a limited way using pre-programmed responses you’ve entered into the app. You can also do other simple smartwatch-y things like check the weather and check stock prices.