Samsung puts priority on IoT

Yoon Boo-keun, Samsung Electronics' consumer electronics division president. Source: Yonhap News.
Yoon Boo-keun, Samsung Electronics’ consumer electronics division president. Source: Yonhap News.

Samsung Electronics said Tuesday a new order prevails in the global consumer electronics industry with the Internet of Things (IoT) leading the way, prompting it to search for new business opportunities in the field. “There’s no question that IoT is the next key driver for Samsung,” Samsung Electronics co-CEO Yoon Boo-keun said at a news conference in Seoul. Yoon said Samsung wants IoT to be totally open. “By 2020, every single product that Samsung sells will be connected,” he said. He said IoT will significantly change everyone’s life and Samsung is positioned to become a leader in a more connected era.”Samsung aims to closely collaborate with industries to really make IoT happen. We will continue pursuing a human-centric business philosophy,” he said.

He made the remarks at an event to unveil new home appliances at the company’s Secho Tower in southern Seoul. Yoon said consumes are embracing IoT, which will be relevant across all segments from industry to wearables, smart homes, cars and more, with multiple devices from different parts of people’s lives being connected.

For full article, see Korea Times.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s