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South Korean tech giant Samsung Electronics filed for a "Galaxy Ring" trademark with the Korea Intellectual Property Office (KIPO) a month after announcing a collaboration with Google and Qualcomm for extended reality (XR) products.
According to KIPO's online database, the products include smart rings, smartphones, and "smart devices for measuring health indicators and/or sleep in the form of a ring."
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According to Counterpoint Research, there were around 11 million XR devices in 2021, expected to be 10x in four years to 105 million.
The South Korean conglomerate said the trademark application is a move to prepare for the future market and does not mean it will immediately launch a new product.
In 2020, Samsung Electronics applied for a "Galaxy Space" trademark to the U.S. Patent and Trademark Office.
VR collaboration platform Morpheus has launched its metaverse platform to tackle the remote workplace and promote engagement across enterprises.
The virtual-first company has designed its virtual reality (VR) remote collaboration platform to provide a turnkey solution for firms that seek to build healthier corporate cultures and "future-proof" their business.
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The new platform launch follows $2.2M in pre-seed funding, with investors including Incisive Ventures, DVC Fund, and Primal Capital.
Morpheus also aims to offer its metaverse platform to Fortune 2000 companies, including VR services catalog and headset deployments.
Morpheus only uses Meta Quest 2 headsets for headset deployments at the moment.
According to Jeffrey Chernick, chief executive and co-founder at Morpheus, providing VR to distributed teams is a "fundamental shift in how we collaborate and innovate."
