According to 9to5Mac, the new S5 does have a new chip.
Quote "While it wasn’t mentioned in the keynote, the new Apple Watch Series 5 indeed runs on a new Apple S5 chip inside: 64-bit dual-core S5 processor, up to 2x faster than S3 processor (includes W3 wireless chip)"
Oh and live radio from the 30th September plus it now has 32gb of storage
https://9to5mac.com/2019/09/10/appl...ip-preview-in-ar-gold-band-options-much-more/
Quote "While it wasn’t mentioned in the keynote, the new Apple Watch Series 5 indeed runs on a new Apple S5 chip inside: 64-bit dual-core S5 processor, up to 2x faster than S3 processor (includes W3 wireless chip)"
Oh and live radio from the 30th September plus it now has 32gb of storage
https://9to5mac.com/2019/09/10/appl...ip-preview-in-ar-gold-band-options-much-more/