Samsung might unveil the Gear S3 smartwatch at IFA

Although Samsung has decreased their rate of launch, wearables are still a part of its lineup, and that is not going to change anytime soon. While the successor of its Gear S2 smartwatch is not set to launch by the end of the summer, insiders familiar with the matter claim Samsung Gear S3 (obviously, this name has not been confirmed yet) is expected to show up at IFA 2017 in Germany, this September.

According to an exclusive report by The Korea Herald, Swiss luxury jeweler de Grisogono and Samsung Electronics are already working on the luxury edition of the Gear S3. Unfortunately, the official from de Grisogono only said the two companies are busy "to develop its next-generation smartwatch," without naming the device. 

The first product that came as a result of the Samsung-de Grisogono collaboration is the limited edition Gear S2 that features over 100 diamonds, a rose gold bezel and a special black galuchat strap. This luxury smartwatch has a price tag of $15,000 USD, and about 100 units are handcrafted each month. Its successor "will most likely debut at Baselworld 2017 in March next year," according to insiders who spoke to The Korea Herald.