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This is Samsung Galaxy Watch 3
The rotating bezel is back in a slimmer form factor.

After unveiling the new Galaxy Note phones and Galaxy tablets, Samsung added Galaxy Watch 3 to its wearable line-up officially. The new watch is pretty much similar to the original Galaxy Watch, given the rotating bezel, which helps in navigation, is back in a slimmer form factor.
The 41mm Watch 3 is a 1.2-inch AMOLED round glass in a stainless steel case. It’s powered by Samsung’s Exynos 9110 dual-core processor with 1GB of RAM, 8GB of storage, and 247mAh battery. Everything remains the same on the 45mm model, but the 1.4-inch AMOLED display and 340mAh battery. The former weighs 48gm while the latter 54gm.

The smartwatch has Bluetooth 5, Wi-Fi, and LTE connectivity depending on the model you choose. It runs on Tizen OS 5.5, and has sensors to monitor blood pressure, heart rate, and ECG. The ECG app works well in South Korea, and has now received FDA approval in the US.
Mystic Bronze and Mystic Silver colors are available for the 41mm, and Mystic Black and Mystic Silver for the 45mm. Available August 6, the 41mm Watch 3 costs $399 for the Bluetooth version and $449 for LTE. For the 45mm model, pricing jumps to $429 and $479 for Bluetooth and LTE, respectively.