While the Galaxy Watch series gets most of the glory, Samsung does make smart bands too. Well, occasionally. The Galaxy Fit2 was announced in September 2020 alongside the Galaxy Tab A7 and there hasn’t been a new one since. That will change, soon-ish.
This info comes from the Korean branch of the Samsung Community forum. One user was asking about the Samsung Galaxy Fit3 and when it might come out. The answer is either in the second half of this year or (if there is a delay in the schedule) in the first half of next year.
The band will apparently cost around KRW 49,000-50,000. Not surprising, that is the same price as the Fit2 (KRW 49,500), so the new one should launch at the same price as the old one in your region, e.g. $60 in the US, €50 in Europe.
There’s no word on what new features the Galaxy Fit3 might have. The Fit2 brought a larger display (0.9” to 1.1”), a slightly larger battery and much-improved efficiency that nearly doubled battery life compared to the original Fit (going up to 14-15 days of average usage). Seeing that it is nearly 2 years old now, the Fit2 lags behind competing bands, which offer SpO2 sensors, built-in GPS receivers and so on.
Keep in mind that this information comes from a community manager, so it may not be 100% reliable – product line-up decisions are made by people higher up in the company. Anyway, it sounds like the band is not coming with the Galaxy Watch5 launch (which will coincide with the launch of the 4th gen foldables), so all we can do is settle in and wait.