Samsung lately mentioned it’s trying to increase its wearable ecosystem this yr and dropped a giant trace that it would introduce new premium fashions of smartwatches. The firm printed its Q1 2024 (Jan-March) earnings on Tuesday and likewise shared its plans for the subsequent quarter and the remainder of the yr. For its Mobile eXperience (MX) Business, it may launch new fashions of the Galaxy Watch and even the Galaxy Ring this yr. The South Korean tech big can be planning to combine Galaxy AI with new and current flagship units.
In a newsroom submit, Samsung revealed its quarterly income, posting a big progress quarter-on-quarter on the again of sturdy gross sales of flagship Galaxy S24 smartphones. The tech big reported its working income for the quarter to be KRW 6.61 trillion (roughly Rs. 37 thousand crores). It additionally attributed the elevated income to the upper earnings posted by the MX Business.
Apart from its income numbers, the corporate additionally talked about its plans for the subsequent quarter in addition to for the remainder of the yr. Notably, Samsung highlighted that it plans to increase its wearable ecosystem. One manner it goals to do it’s by introducing new type elements such because the Galaxy Ring. The gadget was lately showcased on the Mobile World Congress (MWC) 2024 however there is no such thing as a phrase on its launch date. However, the point out highlights that the Galaxy Ring might be launched later this yr. An earlier report claimed that it may enter mass manufacturing within the third quarter of the yr.
The second manner Samsung desires to increase the division is by introducing new premium fashions of smartwatches. This is attention-grabbing given the corporate at the moment has two smartwatches out there — the Galaxy Watch 6 and the Galaxy Watch 6 Classic. However, this yr, it would introduce different fashions alongside them. According to a report by SamMobile, Samsung may launch a brand new sq. or rectangular smartwatch.
This is not going to be a brand new transfer both as the corporate used to supply sq. smartwatches with its now-discontinued Galaxy Gear collection. There can be rumours that the corporate may convey one other smartwatch with the ‘Pro’ or ‘Ultra’ moniker and add extra options to it, which might be used for the brand new rectangular dial.
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