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Along with its S24 series of smartphones, foldable devices, smartwatches and now the Galaxy Ring, Samsung is hoping to lock users into its world of products held together with its suite of artificial intelligence features, known as Galaxy AI. Arjun KharpalOne of the things Samsung said was look, the ring is one product, but we've got the watch, we've got the smartphone. I think that's the right approach for Samsung, I don't think they have unrealistic expectations for volumes on this. And you'd feel like if there was some sort of Apple ring, it would do pretty good volumes. Do you think Samsung is seriously looking at ways to monetize this via subscriptions or other kinds of service business model?
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Samsung on Thursday said it has developed a system that will allow smartphone users to send data via satellite, intensifying the race among tech companies to connect phones to non-terrestrial networks. The data is sent to low-Earth orbit satellites in space and sent back to Earth-based stations before reaching end users. Samsung launched its flagship Galaxy S23 smartphone range this month without satellite connectivity. Satellite phones are not yet a commercially mainstream technology. However, device makers are betting on the untapped opportunity of putting satellite phones in the hands of people in remote areas that fall outside the reach of terrestrial telecoms infrastructure.
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