Samsung CEO bets big on Internet of Things

Published: January 7, 2015 12:51 AM

Korean consumer electronics giant Samsung is certain that an ecosystem of smart...

Korean consumer electronics giant Samsung is certain that an ecosystem of smart, web-enabled devices will be key to “unlocking the infinite possibilities of future”.

In what seemed like a definitive strategy, Samsung president and CEO Boo-Keun Yoon on Monday said that 90% of the company’s products, from smartphones to refrigerators, would be able to connect to the web by 2017. By 2020, every product would be internet-connected, said Yoon, in the opening keynote to the 2015 CES.

But for the Internet of Things to actually take off, disparate devices across players must work together. Yoon affirmed that all of the company’s products would be built on platforms that are “open and compatible”. In another short address, Hosain Rahman, CEO at Jawbone, stressed the importance of collaboration between developers and the industry. Earlier in the day, Samsung unveiled its SUHD TV with curved display.

Samsung said about half of the ultra HD TVs currently being sold were curved, reflecting their rising popularity. This TV, along with all of its smart TVs, will be powered by the Tizen OS.

Abhigyan Chand

(The writer is in Las Vegas on invitation from Samsung)

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