Abstract: An electronic device is provided. The electronic device includes one or more application processor, memory electrically coupled with the one or more application processor, and a wireless communication chipset which supports a short-range communication and is electrically coupled to the one or more application processor, wherein the wireless communication chipset is configured to receive an advertising packet broadcast by a first external device with a specified interval, and wherein the memory stores instructions that, when executed by the one or more application processor, cause the electronic device to obtain first locations of the electronic device, measured in response to receiving a plurality of first advertising packets by the wireless communication chipset while the first external device is located in a first point, and determine a first geofence corresponding to the first external device located in the first point, based on at least some of the obtained first locations.

Abstract: An electronic device may include a communication circuit and a processor electrically connected to the communication circuit, where the processor may be configured to receive location information of the electronic device, identify whether an amount of the location information is greater than or equal to a reference amount, and change a geofence configuration based on a location accuracy radius of the location information, in case that the location information amount is equal to or greater than the reference amount, and the location accuracy radius may be determined based on a probability that the electronic device is actually located in a specific area.

Abstract: An electronic device according to an embodiment includes an application processor, and a wireless communication chipset, the wireless communication chipset is configured to, while the application processor is in a low power state, identify a first location of a first external device, acquire information on a second location of the electronic device via a location tracking circuit, and determine, based on the information on the second location, whether the electronic device is located within a first range with respect to the first location, the wireless communication chipset is configured to process a first signal received from the first external device based on a determination that the electronic device is located within the first range, and the application processor is configured to process the first signal received from the first external device based on a determination that the electronic device is located outside the first range.

Abstract: An electronic device and method are disclosed within. The electronic device includes a location sensor, a memory, a communication module, and a processor. The processor implements the method, including receiving, from the communication module, identification information of one or more external electronic devices included in a primary geo-fence, and relative distances between each of the one or more external electronic devices and the electronic device, determining respective locations of the one or more external electronic devices, based on a location of the electronic device as detected via the location sensor, and the relative distances, and defining a portion of the primary geo-fence as a secondary geo-fence inclusive of the one or more external electronic devices, based at least on the identification information and the respective locations of the one or more external electronic devices.