gear s2 diamondHave you heard of Swiss jeweler de Grisogono? If you’re wondering why that name sounds familiar, it is because earlier last month the jeweler gave the Samsung Gear S2 a diamond-studded makeover. Now according to a report from The Korea Herald, the company could be working with Samsung again this year.

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According to the report, Samsung and de Grisogono are expected to team up again this year and release a “super-luxury” limited edition version of the Samsung Gear S3. Now obviously the watch has yet to be officially announced, but it wouldn’t be a stretch to think that Samsung has plans for a new smartwatch for 2016. With the Gear S2 launched in August 2015, we suppose a launch in August 2016 for the Gear S3 might be a possibility.

The Korea Herald was reportedly told by a de Grisogono official at the Conde Nast Luxury Conference, “We are currently collaborating with Samsung to develop its next-generation smartwatch.” Turns out that there is a demand for such high-end luxurious smartwatches. The de Grisogono Gear S2 which is priced at $15,000 is apparently selling out internationally.

Samsung is obviously not alone in their pursuit of creating luxurious wearables. The Apple Watch Edition is priced at $10,000 and let’s not forget that Apple has also teamed up with high-end fashion brand Hermes in creating special Apple Watch bands for the device.

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