This is our best look yet at the upcoming Samsung Galaxy Watch Ultra 2

The leaked renders of the Samsung Galaxy Watch Ultra 2, shared by reliable tipster Evan Blass, provide a clear look at the device's design and features. The smartwatch retains a squircle design, similar to its predecessor, with a 47mm size, sapphire crystal protection, and a raised bezel with engraved minute-style markings. The presence of LTE, GPS, and 10ATM water resistance ratings suggests that Samsung is targeting this device at fitness enthusiasts and users who require a robust smartwatch.

The Galaxy Watch Ultra 2 is part of Samsung's strategy to compete in the premium smartwatch market, where it faces competition from Apple Watch and other Wear OS devices. The use of Qualcomm's Snapdragon Wear Elite platform and a potentially large 784mAh battery indicates that Samsung aims to provide a powerful and long-lasting device. The absence of a rumored Wi-Fi-only model and the possibility of a fully rotatable dial or bezel, similar to the Galaxy Watch 8 Classic, suggest that Samsung is focusing on a high-end feature set.

The implications of the Galaxy Watch Ultra 2's launch are significant, as it may impact the sales of Samsung's existing smartwatch lineup and influence the competitive landscape. With the Galaxy Unpacked event expected in July, Samsung's pricing strategy and feature set will be crucial in determining the device's success. The company's decision to potentially bring the rotating bezel feature from the Galaxy Watch 8 Classic to the Galaxy Watch Ultra 2 may also affect the demand for future Classic models.