Samsung Gear 2 and Gear Fit pricing out: Will retail for $295 and $200 in Taiwan

The first pricing details for the brand new Samsung Gear 2 and Gear Fit are out. Samsung announced the pricing for the new wearables in Taiwan and as PhoneArena reports, the Gear 2 will be available for NTD 8,999 (or $295 ), and the Gear Fit for NTD 5,999 (around $200) in that country. While this will not be the exact international pricing of the devices, it does give us an idea as to how Samsung wants to price these new products. The Gear 2 Neo, which is a lower-end smartwatch will likely retail for around the same price as the Gear Fit. As has been well documented by now Samsung’s first effort in the wearables category, the Galaxy Gear failed in the market and price was one of the major reasons. The Galaxy Gear launched for $300 and while Samsung had said the new Gear will be priced lower and at the moment it is only just below the mark. So we will have to wait and see how this price translates to other markets. We have seen Samsung slash the price of the original Galaxy Gear twice in India and currently you could get it in the market for under Rs 15,000 and close to Rs 13,000. This may drop even further as the new Gears hit market.