Yes, this is the upcoming Gear S3
Samsung Gear S2 was a good smartwatch and it is being considered as Samsung’s best smartwatch not only because its speed but because of the fact that it looks like a regular watch ( unlike the previous Samsung Smartwatches ). However, Samsung is already working on the next generation Gear S3 and this is how it looks like.
As it can be seen on the leaked picture, upcoming Samsung Gear S3 will use a very similar design with the current Gear S2. However, it even looks more like a watch with its classical ( and elegant ) design.
Even though its price and specs are unknown, at least we know that Gear S3 is coming.
Via – Sammobile