In an intriguing option for technology and health enthusiasts, Apple is working on a smart ring that can be worn on one of the fingers to monitor the user's health metrics. According to a recent report published by the Korean tech site "Electronic Times," Apple is paying close attention to the market, looking for signs that the smart ring could become a popular alternative to smartwatches, as it can be worn for longer periods and is easier to sleep with compared to smartwatches. Apple has been exploring the idea of a wearable ring for several years, filing numerous related patents. With Samsung preparing to launch its own product in the market, it may be the right time for Apple to introduce a smart ring. Reports suggest that Apple is currently seriously considering the smart ring concept, viewing it as a viable expansion of its wearable device range. These latest rumors regarding Apple's alleged product come after Samsung officially announced earlier this year its intention to launch a smart ring, expected to be revealed mid-year and released to the market in the second half of the year alongside new versions of its foldable phones.