New reports suggest that Samsung's next-generation smartwatch, the Galaxy Watch 2 (now believed to be called the Galaxy Watch 3), will be announced as early as next month.

SamMobile, a site that has credited several recent Samsung leaks, said the company's upcoming wearable will be announced in July, ahead of the rumored Samsung Galaxy Note 20 event on August 5. These include the fitness-focused Galaxy Buds X (now Galaxy Buds Live) and the Galaxy Watch 3.

SamMobile's report also mentions pricing and a possible bundle promotion for the aforementioned wireless Buds Live, but does not reveal pricing for the Galaxy Watch 3.

The original Samsung Galaxy Watch cost $329.99 when it debuted. It is possible that Samsung will keep this price range, but rumors of a rotating bezel and titanium finish could jump it up to Apple Watch prices. Incidentally, the latest Apple Watch Series 5 starts at $399.

The next-generation Apple Watch 6 is expected to adopt the pricing of the previous generation. We are sure Samsung has factored that into its tactics to challenge Apple for the title of best smartwatch.

And if SamMobile's report of a July release proves true, Samsung will certainly beat Apple; the Apple Watch 6 won't appear until September at the earliest.

The Samsung Galaxy Watch 3 will feature a Gorilla Glass DX display, GPS, 8GB of storage, and water resistance to 5ATM standards.The Watch 3 may also steal the Samsung Galaxy Watch Active 2's new blood pressure monitoring feature may be stolen, and it may have a larger battery than its predecessor.