A smart watch, which simultaneously provides the two functions of a physical watch and a mobile terminal, and a method for controlling the same are disclosed. The present invention provides a smart watch and a method for controlling the smart watch, the smart watch comprising; a case; at least one hand for displaying current time, the at least one hand being arranged to be adjacent to the inner periphery of the case; a movement for moving the hand along the inner periphery of the case, the movement being located inside the case; and a display unit configured to display various types of information, the display unit being located in the case, wherein the hand and a screen of the display unit are simultaneously shown to a user.