Samsung (SSNLF) had high hopes for its Galaxy Gear. The 2013 release was the first smartwatch from a big consumer electronics giant. The Galaxy Gear meant Samsung was first to market, ahead of Apple (AAPL), Google (GOOG) and Microsoft (MSFT) — all of which are suspected to be furiously working on smartwatches of their own.
The problem is, Samsung made a number of mistakes with the Galaxy Gear, from the single-day battery life, to the camera embedded awkwardly in the wristband, the lack of compatibility with its own smartphones and the steep $299 price tag.
The result? Sales were dismal and of the few Samsung managed to move off shelves, a whopping 30% were returned by unhappy buyers.
But Samsung is nothing if not determined. Just five months after releasing the Galaxy Gear, Samsung introduced the next generation Galaxy Gear smartwatches, just prior to the start of the Mobile World Congress event in Spain.
Here’s what you need to know: