News
All The Latest Tech Unveiled At Samsung Unpacked 2024
The South Korean tech giant has revealed a new Galaxy Ring, two Galaxy Watches, and a new foldable smartphone.
Yesterday’s Samsung’s Unpacked event revealed several new devices from the South Korean tech powerhouse, including a new foldable, two smartwatches, and the company’s long-rumored Galaxy Ring.
Here are the standout details of some of those gadgets:
Samsung Galaxy Ring
Samsung’s highly anticipated Galaxy Ring was revealed at the recent Unpacked event. As expected, it focuses heavily on health insights, most notably using AI to monitor sleep cycles. The lightweight ring is designed to be worn all the time and has a decent battery life of around a week.
You can pre-order the Galaxy Ring today, with full availability on July 24.
Pricing starts at $399.99.
Samsung Galaxy Watch Ultra
Samsung’s Galaxy Watch Ultra is squarely aimed at Apple’s device of the same name. The new watch offers increased battery life, superior durability, and detailed fitness and health tracking. Interestingly, the device also has a sleep apnea sensor that detects mild-to-severe breathing issues during a user’s sleep.
Galaxy Watch Ultra pre-orders have already opened, with full availability on July 24.
Pricing starts at $649.99.
Samsung Galaxy Watch 7
Priced at $299.99, the new Galaxy Watch 7 is Samsung’s more affordable timepiece. Despite the lower price point, the smartwatch still features the AI-powered sleep tools featured in the Galaxy Ring. The Watch 7 can also take body composition snapshots and is said to feature a much more accurate GPS chip.
The Galaxy Watch 7 will be released alongside the Galaxy Watch Ultra on July 24.
Pricing starts at $649.99.
Samsung Galaxy Z Fold 6
Although Samsung’s Galaxy Unpacked event didn’t show off any new flagship smartphones, we did get a new foldable in the form of the Z Fold 6. Google Gemini AI is integrated into the phone, and can help with scheduling, task and travel planning, plus transcribe meeting notes.
As for hardware, the latest Fold is being treated to a minor update for 2024. The device runs on the Snapdragon 8 Gen 3 chipset, while the chassis (and screen) are now a few millimeters shorter and wider. Other small tweaks include a new brushed metal finish and updated colorways, while the camera and battery remain the same as on the outgoing model.
Like the rest of Samsung’s new lineup, The Z Fold 6 is available for pre-order now, with general release on July 24 — though you’ll have to fork out a hefty $1,899.99!
News
Saudi Digital Payments Reach 80% As Cash Use Shrinks
Visa data shows cards and mobile wallets dominate spending, with smartphones now driving a growing share of daily transactions.
Digital payments now account for 80% of all transactions in Saudi Arabia, according to Visa’s latest Where Cash Hides report, another marker of how quickly the Kingdom is moving away from cash.
The share is up four percentage points from a year ago. Around 67% of consumers are now largely non-cash users, paying mainly with cards or mobile wallets. Smartphones are taking a bigger role, with mobile payments making up 16% of transactions.
Cash is retreating in routine spending. Eating out dropped 9%. Bill payments fell 8%, as shoppers opt for faster checkouts and app-based payments.
“The data shows a steady move toward digital payments in Saudi Arabia. Such progress is possible only because banks, fintechs, merchants, and technology partners are moving together in the same direction, in line with the Kingdom’s Vision 2030,” said Ali Bailoun, Visa’s Senior Vice President and Group Country Manager for Saudi Arabia, Bahrain, and Oman.
Also Read: UAE Users Sleep Less, But More Efficiently, ŌURA Data Reveals
Despite the recent findings, it’s important to note that cash hasn’t yet disappeared. It still shows up for tips (39%), peer-to-peer transfers (28%) and rent (14%).
Visa points to security features such as tokenization, along with rewards and cashback, as factors nudging more spending onto cards and phones — a shift that tracks with Saudi Arabia’s wider Vision 2030 push to digitize commerce.
Saudi Digital Payments Reach 80% As Cash Use Shrinks
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