CES Keynote: Samsung Chief Anticipates Strong Future for IoT

During his CES keynote, Samsung Electronics CEO BK Yoon addressed his vision for improving consumers’ lives via the Internet of Things. “In 2015, the company will invest more than $100 million in the development community working on connected devices,” reports USA Today. “And it will appeal to developers and competitors to assist in open standards so that devices from different manufacturers work together.” According to the CEO in an interview prior to the keynote: “A lot of the smart TVs and smartphones out there already can communicate. By 2017, our plan is to IoT-enable 90 percent of Samsung hardware, and within five years our plan is to IoT-enable all Samsung products 100 percent.”

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