watchOS 3.2.3 (build 14V5751a) is an official Apple over-the-air update for the Apple Watch Series 2 (38mm), released on 2017-06-26T17:14:03Z. The update package is 38.22 MB. This is a delta (partial) update that requires 3.2.2 already installed. This update is no longer signed by Apple, meaning it can no longer be applied on-device through Settings.

Payload file: 7e1a11c5264ee7dc09908c4312f56e9febbd7e52.zip.