Samsung Electronics to invest 1.2 billion US dollars to develop IoT technology
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Currently Samsung has established many R&D bases in the Silicon Valley of the United States, among which the “Samsung Global Innovation Center†is most famous. Samsung said that in the next four years, they will invest 1.2 billion U.S. dollars in research institutions to research Internet of Things technology, but they did not detail the specific details of Internet of Things technology.
This month, an executive from Samsung Electronics once stated that they are planning to use Tizen's operating system for all their products. At the same time, the transformation of the Tizen system is in progress. There are rumors that the transformed Tizen system will be an IoT device operating system. However, Samsung still needs to be more cautious. Although the Internet of Things is a big trend in the future, the market size and user needs are still huge.
Smart home is an important part of the Internet of Things. Samsung acquired the Smartthings platform through acquisition and has become an important provider of smart home platforms. However, there have been some bubbles in the smart home market recently. This is something Samsung needs to be careful about.
(Original title: Under the Money! Samsung spent $1.2 billion to develop the Internet of Things)