27 Nov '15, 8am

Samsung to add IoT support in all products in 2020

Samsung to add IoT support in all products in 2020 Max Wang, Taipei; Joseph Tsai, DIGITIMES [Friday 27 November 2015] Samsung Electronics is looking to make 90% of its ultra-thin LCD TVs and mobile devices support Internet of Things (IoT) applications prior to 2017 and, by 2020 all of Samsung's products will feature IoT support, according to president of Samsung Taiwan's solution business Gary Wu. Wu cited Gartner figures that IoT-supported devices will reach 6.4 billion units worldwide in 2016 and will create enterprise service spending of around US$869 billion, accounting for over 60% of overall spending. Taiwan's IT market has a scale of about 1% of the worldwide total and therefore, Wu expects Taiwan's IoT market to have a scale of around US$2.35 billion. So far, most Taiwan-based players have only developed single-connection solutions for the IoT market, but Samsung's...

Full article: http://www.digitimes.com/news/a20151127PD206.html

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