KEY POINTS
  • Chinese electronics maker Honor is working on a smart ring, its CEO told CNBC on Tuesday, just a day after Samsung took the wraps off of its own offering in the product category.
  • Samsung debuted the Galaxy Ring on Monday after teasing it earlier this year. The ring has a number of sensors to track things, like the weater's heart rate.
  • With a ring, Honor could add another product to its portfolio alongside smartwatches and link them together with its health app, much like Samsung is looking to do.
George Zhao, Chief Executive Officer of Chinese consumer electronics brand Honor, smiles as he shows the new Honor Magic 6 Pro smartphones during a presentation on the eve of the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 25, 2024.

BARCELONA — Chinese electronics maker Honor is working on a smart ring, its CEO told CNBC on Tuesday, just a day after Samsung took the wraps off of its own offering in the product category.

Samsung debuted the Galaxy Ring on Monday after teasing it earlier this year. The device, which is the company's first foray into the product category, has multiple sensors that can track health markers, such as the wearer's heart rate. It is part of a broader health push by Samsung.