NEW YORK (AP) — Health sensors and devices can get better if rival companies work together, Samsung executives said Wednesday.

The South Korean company pushed for a common system so that different manufacturers — from startups to established companies — can interchange key components such as the wristband. It would be similar to how different computers are built using the same processors and memory chips, some of which Samsung makes. The company believes developing such building blocks will speed innovation and get products to market more quickly.