Samsung is all set to launch the Gear S3 which will be the update to its year-old Tizen OS running smartwatch – the Gear S2.According to SamMobile, the Gear S3 will also be launched with a rotary bezel, just like its predecessor. It will be released at IFA 2016 which takes place from September 2-7 in Berlin. This has been a platform where Samsung has launched flagships such as the Galaxy Note series.Since the Galaxy Note 7 is most likely launching at the Samsung Unpacked event on 2 August, it looks like the Gear S3 will be the only major launch at IFA this year.According to TechRadar, the Gear S3 will most likely release in different variants – a sporty one and more elegant one.The Samsung Gear S2 is currently selling in India for Rs 23,500 onwards and was launched earlier this year. The Gear S2 sports a 1.2-inch full circle design which has a 360 x 360 pixel Super AMOLED display. It houses the Samsung Exynos 3250 chipset which has a dual core processor clocked at 1GHz and it is paired with 512MB of RAM and 4GB of internal storage