Samsung continues to work in the field of Internet of Things and provides a strategy for the development of IoT. For four years, the South Korean company with the support of Samsung Research America division will invest about 1.2 billion US dollars in the IoT-development. This was stated in his speech the head of Samsung Electronics Oh-Hyun Kwon on the forum “the Internet of things: changing the future” in Washington. Samsung called on businesses to be open and work together for the development of IoT-technologies.
I am pleased to announce that the technology “Internet of things” will form the basis of our strategy, and that over the next four years the company will invest $ 1.2 billion in the US in the development of this area. If we want to get the benefits of the inventors of “Internet of things”, we have to allow them to access all the necessary tools. This means that the technology must interact with each other, as technical limitations constrain the development of innovation – said Kwon Oh-hyun