Samsung hasn’t had a good time with its smartphone business in the past couple of years. As the smartphone market gets more saturated by new players, Samsung is looking for a new arena’s to assert its dominance before the other players catch-up. The company says that by 2020, all its devices will connect to the internet and to each other, thereby creating an internet of things ecosystem.
During its presentation at CES, Samsung showed its dedication to the cause of the Internet of Things (IoT). Samsung, of course, is one of the biggest manufacturers of consumer electronics and hence it has a massive research background to play around with the technology. The company [...]
Looks like everything we own and use is on its way to becoming ‘smart’. From smartphones to smartTVs, need of technological advancement has become a major part of tech business these day; smart tech ecosystem are slowly and steadily approaching our homes now.
Seems like Samsung is playing it big to become the center of smart home with its acquisition of SmartThings. While the companies did not disclose the price, reports are the South Korean consumer electronics giant paid about $200 million.
The deal is the latest sign that big companies are staking out positions in what [...]