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Highlights Premium versions including "Classic" and "Ultra" rumoured for Galaxy Watch 7. Galaxy Watch 7 Ultra may feature a squarer design and larger display. Expected to include Samsung's latest 3nm Exynos chip and expanded storage. Pricing for the Ultra model could rival the $799 Apple Watch Ultra. In its latest earnings report, Samsung has seemingly confirmed plans to release a higher-end, premium version of its next Galaxy Watch lineup. While details are scarce, the tech giant stated it will "meet demand for upgrades through the launch of new premium models." Speaking of watches, the company writes that it will “strive to meet demand for upgrades through the launch of new premium models”. System LSI will focus on “preparing to ship products based on advanced technologies for new wearables”. Company does report that the “development of advanced 3nm and 2nm technologies is progressing smoothly”. Tom's Guide shared that @TheGalox, another notable leaker, tweeted in March about the Exynos W940 processor being in the Galaxy Watch 7 as well. He mentioned that the new processor will "apparently be 50% more efficient and 30% faster than the previous model." New Galaxy Watch in the Offing? Samsung Seemingly Confirms it is Set to Unveil a Premium Galaxy Watch 7 Ultra This lines up with persistent rumours that Samsung is preparing not just a standard Galaxy Watch 7, but also more premium "Classic" and "Ultra" variants. The Galaxy Watch 7 Ultra is expected to be Samsung's most advanced and expensive smartwatch yet. So what exactly will make this Ultra model so premium? Premium versions including "Classic" and "Ultra" rumoured for Galaxy Watch 7 Leaks point to a squarer design with a larger display, taking design cues from the latest Apple Watch Ultra. Under the hood, Samsung may outfit the Galaxy Watch 7 Ultra with its latest 3nm Exynos chip for enhanced performance. Perhaps the biggest upgrade could be expanded storage. The standard Galaxy Watch 7 is rumoured to double its storage to 32GB. If true, the Ultra model would likely offer even more capacity for apps, music, and other data. Galaxy Watch 7 Ultra may feature a squarer design and larger display With a refreshed design, cutting-edge silicon, and abundant storage, the Galaxy Watch 7 Ultra certainly sounds positioned as a truly premium smartwatch offering. Of course, such luxuries may come at a steep price - analysts expect pricing could reach or even exceed the $799 Apple Watch Ultra. Expected to include Samsung's latest 3nm Exynos chip and expanded storage. Fortunately, we likely won't have to wait much longer for official details. Samsung typically unveils its latest Galaxy Watch alongside new foldables and other mobile devices in August. With this latest tease from the company itself, a premium Galaxy Watch Ultra already sounds like one of the most anticipated devices on the docket. Galaxy Watch 7 Ultra is expected to be Samsung's most advanced and expensive smartwatch yet FAQs What new features are expected in the Galaxy Watch 7 Ultra? The Galaxy Watch 7 Ultra is rumoured to have a squarer design with a larger display, enhanced by Samsung's latest 3nm Exynos chip for superior performance. How does the storage capacity differ in the new Galaxy Watch lineup? The standard Galaxy Watch 7 is expected to double its storage to 32GB, with the Ultra variant potentially offering even more capacity for apps and data. When can we expect the release of the Galaxy Watch 7 Ultra? Samsung typically launches its new Galaxy Watch models in August, alongside other key mobile devices, so the Galaxy Watch 7 Ultra could be unveiled around then. What will the Galaxy Watch 7 Ultra cost? Analysts anticipate that the pricing for the Galaxy Watch 7 Ultra could reach or exceed $799, positioning it as a direct competitor to the Apple Watch Ultra. Will there be multiple models in the Galaxy Watch 7 lineup? Yes, alongside the standard model, rumours suggest Samsung will introduce "Classic" and "Ultra" versions, catering to a range of preferences and budgets. Also Read: Samsung Galaxy Watch 7 Pro Gears Up for Potential India Launch with BIS Certification Also Read: Apple Watch Set to Reportedly Reinvent Health Tech with New Blood Pressure, Sleep Apnea Monitoring Features Also Read: Samsung Galaxy Watch 6 Classic 5K Leaked Renders Show Rotating Bezel Comeback, Reveal Full Design; Launch Soon