• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechSamsung

Samsung’s new phones, premium watch, and ring signal the company is going all-in on AI, giving Apple a run for its money

By
Michael Liedtke
Michael Liedtke
and
The Associated Press
Down Arrow Button Icon
July 10, 2024, 4:27 PM ET
Samsung's new Galaxy Watch Ultra, orange band and all
Samsung is dressing up its wearable devices in technology's latest fashion — artificial intelligence. AP Photo—Yuki Iwamura

SAN FRANCISCO (AP) — Samsung is dressing up its wearable devices in technology’s latest fashion — artificial intelligence.

Recommended Video

The South Korean electronics giant on Wednesday revealed that both its first-ever premium smartwatch and a smart ring heralding its entry into a niche market will include AI features that are supposed to help people monitor and manage their health.

Both the Galaxy Watch Ultra, priced at $650, and the Galaxy Ring, priced at $400, are extensions of a push that Samsung launched six months ago when it introduced its first smartphones to feature AI technology as a main attraction. The high-end smartwatch costs twice as much as Samsung’s latest standard model, the Galaxy Watch 7, which will sell for $300.

Tethering AI to people’s essential devices has become an accelerating trend. The technology already has been implanted on smartphones made by Google and Apple that compete against Samsung and also on the latest personal computers powered by Microsoft’s Windows software.

The AI deployment on Samsung’s new premium watch and ring is narrowly focused on improving and maintaining personal health — the main reason most people buy wearable technology.

Both Samsung’s watch and ring are leaning on AI to do a better job of analyzing biometric data collected from the person wearing the devices to customize assessments of their well-being through an “energy score” that will deliver ratings on a one to 100 scale and also make recommendations like a virtual fitness coach.

Just as Apple plans to do with its AI services, Samsung’s new wearable products will collect most sensitive information on the devices themselves. But some data will still be processed through remote computing centers with a “defense-grade, multi-layer security platform” that Samsung likens to a virtual Fort Knox, echoing Apple’s pledge to corral any personal information that must be processed off a device in a digital fortress. But those promises don’t necessarily guarantee there won’t ever be security breaches or other breakdowns that unintentionally exposes personal information to outsiders.

Samsung’s premium phone is the more sophisticated of its latest wearable devices, capable of performing some functions — such as flagging sleep apnea — that the Galaxy Ring can’t. However, the ring requires less frequent recharging, equipped with a battery that can last six to seven days before needing to be replenished.

But the smartwatch is also in a much more crowded market currently led by Apple, which has been intensifying its focus on health features since entering the market a decade ago. More than 60 million people already use the Samsung Health app that works in tandem with its smartwatches.

The health benefits associated with wearable technology have helped spur more people to buy smartwatches, with worldwide sales of the devices expected to approach about $29 billion this year, based on a forecast by the research firm Gartner Inc. That translates to roughly 164 million new smartwatches being worn on wrists this year, with Gartner predicting the annual sales volume sold will rise to 195 million in 2028.

Samsung is likely to face more challenges in the smart ring market, even though it won’t be facing much competition so far. The segment so far has been shaped by startups such as Oura and RingConn that haven’t made a significant dent so far.

“Smart rings are still an emerging category with no exclusive use cases, with little expectations of growing beyond a niche market” through 2028, Gartner said in its recent overview of the wearable technology market.

The firm expects a small segment that includes smart rings to generate $2.4 billion in sales this year and eventually rise to about $4.6 billion in 2028.

Although it will come in nine different sizes, Samsung’s Galaxy Ring only fits with one kind of software — Google’s Android operating system. That locks out the mostly affluent consumers who own iPhones and often are interested in checking out new forms of technology such as the Galaxy Ring.

Samsung also is rolling out its latest attempt to lure more people into buying a foldable phone equipped with two display screens that can be hinged together so the device can be turned into a pseudo-tablet. It’s a concept that Samsung has pushing since 2019 with minimal success, but the company is continuing to update the device with camera and AI features to feed the niche market. The next-generation model, the Galaxy Z Fold 6, will sell for $1,900.

Meanwhile, unionized workers in South Korea declared an indefinite strike to pressure Samsung to accept their calls for higher pays and other benefits. Thousands of members of the National Samsung Electronics Union launched a temporary, three-day strike on Monday. But the union said Wednesday that it was announcing an indefinite strike, accusing the management of being unwilling to negotiate.

Samsung claims there have been no disruptions to production.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Michael Liedtke
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Tech

Traders work on the floor of the New York Stock Exchange (NYSE) on December 30, 2025 in New York City.
AIData centers
An AI super-bull who just backed the Nvidia-Groq deal warns of a data center bust: ‘We foresee a significant financial crisis’
By Eva RoytburgDecember 30, 2025
59 minutes ago
Warren
Big TechBerkshire Hathaway
Warren Buffett plans to keep coming to the office every day, despite stepping down as Berkshire CEO at 94 years old
By Josh Funk and The Associated PressDecember 30, 2025
1 hour ago
Nvidia CEO Jensen Huang.
AINvidia
Nvidia’s Groq bet shows that the economics of AI chip-building are still unsettled
By Sharon GoldmanDecember 30, 2025
3 hours ago
A man in a beanbag chair sits with his hands clasped over his mouth, with his laptop on his lap.
TechChatbots
ChatGPT gets ‘anxiety’ from violent user inputs, so researchers are teaching the chatbot mindfulness techniques to ‘soothe’ it
By Sasha RogelbergDecember 30, 2025
4 hours ago
AISocial Media
This 22-year-old college dropout is making $700,000 a year from ‘AI slop’ videos that people sleep through
By Eva RoytburgDecember 30, 2025
5 hours ago
Mark Zuckerberg smiles in a black and white suit
AIMeta
Mark Zuckerberg’s Meta is dropping over $2 billion for an AI startup—a rare example of a U.S. tech giant buying a platform founded in China
By Dave SmithDecember 30, 2025
6 hours ago

Most Popular

placeholder alt text
Success
Gen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows
By Orianna Rosa RoyleDecember 29, 2025
1 day ago
placeholder alt text
Arts & Entertainment
Gen Zers and millennials flock to so-called analog islands 'because so little of their life feels tangible'
By Michael Liedtke and The Associated PressDecember 28, 2025
2 days ago
placeholder alt text
Success
MacKenzie Scott's close relationship with Toni Morrison long before Amazon put her on the path give more than $1 billion to HBCUs
By Sasha RogelbergDecember 28, 2025
2 days ago
placeholder alt text
Success
African millennials and Gen Z are quitting their big-city dreams to go make more money back on the farm
By Mark Banchereau and The Associated PressDecember 29, 2025
1 day ago
placeholder alt text
Banking
Former Russian banking billionaire says an Instagram post cost him $9 billion: His company was sold for 3% of its value in 'hostage' situation
By Nick LichtenbergDecember 29, 2025
1 day ago
placeholder alt text
AI
'Godfather of AI' Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to 'replace many other jobs'
By Jason MaDecember 28, 2025
2 days ago