The smart ring era is here.
Honor, the mobile business spun out of Huawei, also announced this week that it's working on a smart ring.
Avi Greengart, president and lead analyst at Techsponential, told Business Insider at MWC that Samsung's Galaxy Ring "validates the smart ring category."
Rumors of an Apple smart ring have been simmering for over a decade — mostly due to a string of patents the company has filed for.
There's another good reason tech companies are eyeing smart rings right now, according to IDC analyst Francisco Jeronimo: subscriptions.
Persons:
—, Prince Harry, Mark Zuckerberg, Jack Dorsey, Jennifer Anniston, Jimmy Kimmel, Smart, they've, Oura, Avi Greengart, Apple, Bloomberg's Mark Gurman, Jeremy Liew, Liew Apple, Greengart, Francisco Jeronimo, Jeronimo
Organizations:
Samsung, Service, Mobile, Congress, MWC, Huawei, IDC, Apple, Venture, Business
Locations:
Barcelona, Cupertino