New controller icons found in Pico software have been trademarked as Pico 4S. - UploadVR
Pico 4S Trademarked As New Controller Icons Found In Pico Software
ByteDance has trademarked Pico 4S and icons of its controllers were found in Pico software. Users can visit UploadVR for the full story. The new ringless controllers seen in Chinese social media are speculated to be part of the upcoming Pico 4S, which may feature the Snapdragon XR2 Gen 2 chipset. The cancellation of Pico 5 was reported, with ByteDance focusing on a high-end headset to compete with Apple Vision Pro. The name 4S suggests minimal changes, possibly just a chip and controllers upgrade.
Source: https://www.uploadvr.com/pico-4s-trademarked-references-found/