Samsung is preparing to support the Internet of Things (IoT) on a larger scale, utilizing its Artik chip platform for connected products. The Korean electronics company is looking for new business opportunities as its mobile business unit struggles - and IoT could be a safe bet, as Samsung is proactively preparing new hardware.
More details about Artik will be revealed next Tuesday, during a Samsung keynote at the Internet of Things (IoT) world.
"By continuing efforts to connect devices and people to achieve greater insights, we have a huge opportunity to work with others in the industry, to tackle these real-world issues in ways that will fundamentally change people's lives for the better," said Young Sohn, president and chief strategy officer at Samsung Electronics, in a press statement.
The IoT will support billions of new connected things in the next few years, including refrigerators, washing machines and dryers, vehicles, thermostats, and other consumer goods. The Gartner research group previously predicted there will be 26 billion "things" by 2020, and that number will only continue to expand.