Equities

Samsung Launches Galaxy Ring, New Foldables July 24

Samsung Unveils Galaxy Ring, Foldables, and More at Unpacked Event; Galaxy Z Fold6 Priced at $1,899.99

By Bill Bullington

7/10, 10:24 EDT
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Key Takeaway

  • Samsung unveiled the Galaxy Ring, its first smart ring for 24-hour health monitoring, priced at $399 and available from July 24.
  • New foldable smartphones, Galaxy Z Fold6 ($1,899.99) and Z Flip6 ($1,099.99), feature advanced AI tools and will be available from July 24.
  • Enhanced smartwatches Galaxy Watch7 (starting at $299) and Watch Ultra ($649), along with new Galaxy Buds3 series (starting at $179), were also introduced.

Samsung Unveils New Products at Unpacked Event

On Wednesday, Samsung held its Galaxy Unpacked event in Paris, unveiling a range of new products aimed at expanding its ecosystem and enhancing user experience. The tech giant introduced its first smart ring, the Galaxy Ring, alongside the latest iterations of its foldable smartphones, smartwatches, and wireless earbuds.

Galaxy Ring: Samsung's First Smart Ring

Samsung launched the Galaxy Ring, marking its entry into the smart ring market. The Galaxy Ring is designed for 24-hour health monitoring, featuring sensors that track heart rate, sleep patterns, menstrual cycles, and exercise activities. The device weighs between 2.3 grams and 3 grams, depending on the size, and offers a battery life of up to seven days. It is priced at $399 and will be available from July 24.

Paolo Pescatore, founder of PP Foresight, commented, "This will be the star of the show with all eyes on this new device and category for Samsung." He added that the Galaxy Ring could help drive smartphone sales and migrate users to Samsung's platform. Francisco Jeronimo, vice president for devices research for Europe, the Middle East, and Africa at IDC, noted, "The more devices a user has from the same brand, the more comprehensive the data collected, enhancing the effectiveness of AI digital assistants."

New Foldable Smartphones: Galaxy Z Fold6 and Z Flip6

Samsung also unveiled its latest foldable smartphones, the Galaxy Z Fold6 and Z Flip6. The Galaxy Z Fold6, starting at $1,899.99, features a 7.6-inch display when open and a triple-lens camera on the back. It is Samsung's thinnest foldable to date, measuring 12.1 millimeters thick when folded. The Galaxy Z Flip6, starting at $1,099.99, opens like a traditional flip phone but with a bendable screen.

Both devices are equipped with Galaxy AI features, including translation tools and suggested replies. They will be available from July 24. Paolo Pescatore noted the challenge of convincing users to upgrade, stating, "The ongoing challenge remains of getting users to upgrade with what is perceived to be incremental improvements on previous models."

Enhanced Smartwatches: Galaxy Watch7 and Watch Ultra

Samsung introduced the Galaxy Watch7 and the Galaxy Watch Ultra, its first "Ultra" model. The Galaxy Watch7, available in 40mm and 44mm sizes, features the new Exynos W1000 chipset and includes FDA-approved Sleep Apnea monitoring and AGEs tracking for metabolic health. It starts at $299.

The Galaxy Watch Ultra, aimed at advanced users such as mountain climbers, features a titanium grade 4 frame, MIL-STD-810H durability, and a battery life of up to 100 hours in Power Saving mode. It starts at $649. Both watches offer various health-tracking sensors and sports-tracking features.

Galaxy Buds3 and Buds3 Pro

Samsung also launched the Galaxy Buds3 series, which includes the Galaxy Buds3 and Buds3 Pro. The Buds3 feature an open-ear design, while the Buds3 Pro offer a canal-type design for enhanced audio quality. Both models support Galaxy AI integration, real-time translation via the Interpreter tool, and Adaptive EQ for improved sound. The Buds3 start at $179, and the Buds3 Pro start at $249.

Management Quotes

  • Samsung:

    "The Samsung Galaxy Ring is a 'smart ring' packed with sensors and is designed to be worn 24 hours a day to monitor various health metrics. It can measure things like heart rate and sleep."

  • Samsung:

    "The tech giant talked up the artificial intelligence capabilities of the device [Galaxy Z Fold6] and said it is thinner and lighter than its predecessor."

  • Samsung:

    "When combined with the Galaxy Ring, [the Watch7] can give more in-depth data about a person’s health. The Watch7 has a new processing chip inside."

  • Samsung:

    "[The Galaxy Watch Ultra] features a multi-sport mode that allows the device to track performance across multiple activities such as those in a triathlon... works at a wide range of altitudes, from 500 meters below sea level to 9,000 meters high, for more extreme sports."