Samsung not too long ago mentioned it’s trying to broaden its wearable ecosystem this yr and dropped an enormous trace that it would introduce new premium fashions of smartwatches. The corporate printed its Q1 2024 (Jan-March) earnings on Tuesday and in addition shared its plans for the following quarter and the remainder of the yr. For its Cell eXperience (MX) Enterprise, it may launch new fashions of the Galaxy Watch and even the Galaxy Ring this yr. The South Korean tech large can also be planning to combine Galaxy AI with new and present flagship units.
In a newsroom post, Samsung revealed its quarterly income, posting a big development quarter-on-quarter on the again of robust gross sales of flagship Galaxy S24 smartphones. The tech large 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 Enterprise.
Other than its income numbers, the corporate additionally talked about its plans for the following quarter in addition to for the remainder of the yr. Notably, Samsung highlighted that it plans to broaden its wearable ecosystem. A method it goals to do it’s by introducing new type components such because the Galaxy Ring. The machine was not too long ago showcased on the Cell World Congress (MWC) 2024 however there isn’t a phrase on its launch date. Nevertheless, the point out highlights that the Galaxy Ring could possibly 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 needs to broaden the division is by introducing new premium fashions of smartwatches. That is attention-grabbing given the corporate at present has two smartwatches out there — the Galaxy Watch 6 and the Galaxy Watch 6 Classic. Nevertheless, this yr, it would introduce different fashions alongside them. In keeping with 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’s additionally rumours that the corporate may convey one other smartwatch with the ‘Professional’ or ‘Extremely’ moniker and add extra options to it, which could possibly be used for the brand new rectangular dial.
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