It's time for a new smartwatch.

Samsung unveiled the Tizen-based Gear S2 at IFA 2015, and the manufacturer is all set to unveil its successor at this year's event. The South Korean manufacturer is rolling out invites to an event on August 31 at IFA where it will launch the Gear S3.

Gear S3

Not much is known about the smartwatch, but rumors suggest that it will come with an integrated GPS, altimeter, barometer, and speedometer. Like last year's model, the Gear S3 is expected to feature a rotary bezel, and we may see three variants on offer: Gear S3 Classic, Gear S3 Frontier and Gear S3 Explorer.

We'll know more about the smartwatch on August 31. In the meantime, what are you expecting from the Gear S3?