Samsung has introduced its latest tracking device, the Galaxy SmartTag 2, offering enhanced features and design improvements for users who want to keep track of their valuables. This new device combines Bluetooth and ultra-wideband (UWB) capabilities into a single model and comes with a ring-shaped design.

The Galaxy SmartTag 2 introduces a Lost Mode that allows users to input contact information via a message. If someone discovers an item with a SmartTag 2 attached, they can scan the tag with their smartphone and see the owner's message and contact details.

The device also features an improved Compass View, which provides directional arrows to guide users to the SmartTag 2's location in relation to them. This feature is available on UWB-supported Galaxy smartphones.

The SmartTag 2 offers two battery modes: Power Saving Mode and Normal Mode. In Power Saving Mode, the device's battery can last up to an impressive 700 days, while in Normal Mode, it lasts for 500 days. This significant battery life improvement ensures users can track their belongings for extended periods.

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The new device is designed with durability in mind. Its compact size and metal ring inside the ring-shaped design enhance its resilience and make it compatible with accessories like clips and keyrings. It also features an IP67 rating for water and dust resistance, making it suitable for tracking items in challenging environments.

The SmartTag 2 is available globally for $30. It will be available in both black and white color options. However, it's important to note that, at present, the SmartTag 2 only works with Samsung smartphones.