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Samsung announces new push into Internet-connected gadgets

The company says it has created a line of tiny electronic components that combine low-power computer processors, transmitters and software that manufacturers can build into various products

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APPTI San Francisco
Last Updated : May 13 2015 | 10:18 AM IST
Samsung wants to sell the digital brains that will go into billions of "smart" home appliances, industrial products and other Internet-connected gadgets whether those gadgets are made by Samsung or its competitors.

The South Korean company says it has created a line of tiny electronic components that combine low-power computer processors, transmitters and software that manufacturers can build into various products.

The new ARTIK components are part of Samsung's effort to be a major player in the so-called "Internet of Things," which analysts say could become a $3 trillion industry in the next five years.

Samsung is going after that market at a time when its core smartphone business is facing challenges from Apple and new Chinese phone makers. Samsung also makes other electronic components, TVs, refrigerators and other appliances.

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First Published: May 13 2015 | 1:22 AM IST

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