Apple Has Abandoned Smart Ring Plan While Samsung Has Launched GalaxyRing

TapTechNews October 6th news, according to Bloomberg's Mark Gurman's PowerOn today, Apple has abandoned the plan to develop a smart ring. This decision was made after years of internal exploration of the concept, but in the end Apple chose not to implement it.

Apple's competitor - Samsung has launched the GalaxyRing smart ring accessory, with a domestic price of 3099 yuan. The ring is built with health sensors that can monitor health indicators such as heart rate, stress level, body and skin temperature, and can even predict the female physiological cycle and ovulation period through monitored information to provide a health management plan for the wearer.

These functions sound somewhat overlapping with the role of the AppleWatch, and the AppleWatch is a very successful product. Whether Apple's launch of a smart ring will affect the sales of the AppleWatch is a question that needs to be considered. In addition, the smart ring market is still relatively niche, and it is uncertain whether there is enough demand to ensure Apple's entry.

As of TapTechNews' posting, Apple has not responded to this revelation for the time being.