Samsung Unpacked is scheduled to July 26. Galaxy Watch 6 and few nice companion gadgets for it, like Galaxy Z Fold 5 😉, will be announced.
Previous years people (especially in the US) manged to get a good deal make pre-order reservation + trade-in. If you want to do this this time - better be prepared upfront.
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I’m going to stay with my GW4 for a while, but really hope that WearOS 4 and OneUI 5 will be released for my watch short after the event.