Tag Archives: Samsung

Samsung’s IoT dreams

Commentary
Predictions for the Internet of Things are looking good: 500 connected objects in the home by 2022, 1.5 trillion connected devices by 2020, and a $19 trillion market opportunity. With stats this promising, it’s no surprise that big tech companies are funding IoT startups. This week, in its quest to be a pioneer in the IoT space, Samsung has invested an undisclosed sum in French IoT startup Sigfox, a firm that provides low energy, low cost global cellular connectivity to smart objects. The funding comes on the heels of Samsung’s acquisition of IoT startup SmartThings last year, a substantial $100 million investment in IoT development early this year, and the launch of Artik, Samsung’s open platform that other companies can use to create connected devices. According to reports, Samsung’s grand vision is to connect all its digital devices to the IoT by 2020. With all its strategic investments and an aggressive plan to dominate the IoT market, Samsung might just be able to turn its vision into reality.

Xiaomi’s bold ambition

Commentary
Apple and Samsung are facing intense competition from Beijing-based smartphone maker Xiaomi. That’s because Xiaomi smartphones have become worthy opponents of the iPhone and the Galaxy phones. With high-tech specs such as, a 2.3GHz Snapdragon 800 chipset, a 13MP camera, 2GB of RAM, 16GB of internal storage and a 5-inch 1080p resolution display, Xioami smartphones are increasingly becoming a favourite of consumers looking for solid hardware at an affordable price. According to a new report from Gartner, Xiaomi is now the fourth biggest seller of smartphones worldwide with sales of more than 18 million units in the third quarter of 2014. A recent regulatory filing also showed that Xiaomi made a profit of $56.1 million in 2013. It is also worth noting that Xiaomi recently hired Hugo Barra, former Vice President of Android Product Management at Google to be in charge of the company’s products and operations in all markets outside of Mainland China.

In addition to its smartphone business, Xiaomi has diversified its product line to include air purifiers, fitness bands, routers, blood pressure measurement kit, battery packs, a smart TV and others. Today it announced a $203.7 million investment in Midea, a Chinese company that manufactures smart appliances. The funding underscores Xioami’s ambitions to be a major player in the smart home space. You can read about the funding here.

Google Reshapes its Mobile Division

Commentary

Google Reshapes its Mobile Division

Last week, Google sold Motorola Mobility to Chinese PC vendor Lenovo for $2.91 billion after acquiring it in 2012 for $12.5 billion. At first glance, the deal looked like a massive loss for Google and another win for Lenovo. But taking another look, Google has unloaded itself of a losing brand and yet kept all important patents that can be used to fortify its entire Android ecosystem. By cutting itself loose from Motorola, Google is no longer in competition with its Android customers. Now the company can focus on its relationship with Samsung, which uses Google’s Android OS in majority of its smartphone and tablet devices. Lenovo, on the other hand, will gain an established global brand.